Medical Practice Funding
Funding for medical, dental, and healthcare practices.
Bridge insurance reimbursement delays, buy equipment, or expand your practice with $10K to $2M and a same-day decision.
How much do you need?
Funding amount
Industry
Overview
What practices use funding for.
Practices deliver care today and get paid by insurers weeks later. Staff, rent, and equipment leases don't wait. Lenifi funds you on your practice's deposits, without the months-long wait of a practice loan.
- Bridging insurance and Medicare reimbursement delays
- Buying imaging, dental, or diagnostic equipment
- Hiring providers, hygienists, and front-office staff
- Expanding into a second suite or additional operatories
- Upgrading EHR, billing, and practice-management software
- Funding patient acquisition and local marketing
Why Lenifi
Why practices choose Lenifi.
Reimbursement gaps are expected
We expect the lag between treatment and insurer payment. It isn't a red flag.
Weeks faster than practice loans
A one-page application and three bank statements, with a decision the same day.
No equipment collateral
Funding rests on your revenue, so you don't pledge equipment or personal assets.
All practice types
Medical, dental, chiropractic, veterinary, physical therapy, and specialty clinics.
One funding desk
Our own desk underwrites and manages your deal.
$10K to $2M
From a single chair or scanner to a full second-location build-out.
How medical and dental practices use revenue-based funding
Practices get paid by insurers, not patients, and insurers pay on their own schedule. Claims are submitted, reviewed, sometimes denied and resubmitted, and the money arrives 30 to 90 days after the work. Meanwhile payroll runs every two weeks, the lease is due monthly, and a chair, laser, or imaging unit fails without warning.
Revenue-based funding bridges that gap using the deposits already landing in your business account. No lien on equipment, no need to name us on your receivables, and no contact with your payers. The starting point is three months of business bank statements, six months in business, and $15,000 a month in deposits.
Practices typically use advances to replace or upgrade equipment, build out a new operatory or treatment room, hire an associate or hygienist before their revenue ramps up, market a new service line, or cover payroll through a slow reimbursement stretch. Amounts commonly run $25,000 to $500,000, with fixed daily or weekly payments over six to eighteen months.
Practice revenue is usually steadier than retail or freight, so medical files often price better than a typical 1.38. Clean statements, few or no existing advances, and a healthy average daily balance move the number in your favor.
Monthly deposits
What a $100,000 advance looks like for a practice
A two-provider dental practice with $180,000 a month in average deposits adds a third operatory and a new imaging unit.
- Advance amount
- $100,000
- Factor rate
- 1.38
- Total repayment
- $138,000
- Term
- About 12 months
- Daily payment (weekdays)
- About $538
- Time from application to funding
- Same day (2–6 hours after approval)
1.38 is a common middle rate, not a floor or a cap. Your rate comes from your own file: stronger deposits and fewer existing advances improve it. Illustration only. Use the funding calculator for your own numbers.
Eligibility
What you need to qualify.
Four simple requirements. Meet these and you're a strong candidate.
6 Months in business
Business checking account
$15K+ Monthly revenue
500+ Personal FICO score
FAQ