Get Rapid Funding for Your Veterinary Practice Now
Getting a loan can be pretty doggone hard. Big banks have slowed down their lending to small businesses, but there are many small businesses out there that need funding to grow. The demand for capital seems to be much higher than the supply — especially when you’re the one looking for a loan.
This is especially true of veterinary practices in the U.S. Veterinary physicians have an important mission in helping treat animals of all kinds, but not all practices have the same resources. What if you want to expand your practice or get new equipment, but the bank doesn’t want to give you a loan because your credit score isn’t great, or you haven’t been in business long enough?
Enter alternative lenders. These lenders are ready to help get small business loans into the hands of veterinarians.
Fair warning: A loan or cash advance from an alternative lender will usually have a higher interest rate than what a big bank offers. But usually the rates are paired with the level of risk based on credit score, experience, and other factors. These loans are also usually paid back in a matter of months rather than years.
There are plenty of good reasons a veterinary practices might want to get a loan or cash advance:
- Purchasing your own practice or opening up a second location.
- Investing in real estate that will increase in value.
- Buying new equipment that will keep your practice up-to-date.
- Increasing your marketing budget with online and print advertising.
- Consolidate your debt.
With nearly 100,000 veterinarians in the United States, there’s a good chance some need funding to expand or improve their practice. To get a loan for your practice, Fundera is here to help. We make it easy to submit a single application and get several offers from lenders in a matter of days.
Questions? Give us a ring at 1-888-750-7826 or shoot us an email at email@example.com.
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