Financing Types

Working Capital Loans

Get working capital to support your ultrasound practice's growth, cover payroll, or bridge cash flow gaps. Fast decisions, flexible terms. Apply today.

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Probe replacements do not wait for a good billing month. A transducer fails, a technician needs to be hired before the contract is signed, or a facility's reimbursements run 60 days behind while operating costs hit the account every two weeks. Working capital loans fill the gap between when money goes out and when it comes back in, and they do it without tying the financing to a specific piece of equipment.

Unlike equipment loans, which are secured by the asset being purchased, working capital funding is general-purpose. You can use it to replace a probe that failed out of warranty, cover payroll through a slow month, prepay a vendor for a volume discount on disposables, or simply keep cash reserves high enough that the practice never has to turn down a new service contract because the checking account is too thin to absorb a delayed insurance payment.

We work with practices at $50,000 and above. The sweet spot for working capital loans in the imaging space sits between $100,000 and $250,000, which covers the kinds of operational gaps and growth investments that actually move the needle for a diagnostic practice. Applications are evaluated on bank statement cash flow, time in business, and the overall creditworthiness of the principal guarantor rather than on a specific asset to secure. For practices looking to pair working capital with equipment financing, we can often structure both needs in a single application conversation.

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Questions About Working Capital Loans

Review the common timing, documentation, and equipment questions before sending the quote.

Can I use a working capital loan to buy ultrasound probes or replace broken transducers?

Yes. Working capital is unrestricted general-purpose funding. Probe replacements, disposables, staffing costs, marketing, and lease deposits all qualify. If the probe purchase is large enough to stand alone as an equipment transaction, we can also look at financing it as a standalone asset deal, which may carry a lower rate.

How long does it take to receive working capital funding?

Most working capital approvals fund within one to two weeks from completed application submission. Some products with simpler documentation can move faster. The biggest timing variable is how quickly you can supply bank statements and any supporting documentation requested during underwriting.

Is the interest on a working capital loan tax deductible for my practice?

Interest paid on business loans, including working capital loans, is generally deductible as a business expense. The specific treatment depends on your practice structure and how the funds are used. We recommend confirming with your CPA before closing.

Can I get a working capital loan if my practice has an existing equipment loan?

Yes. Having an outstanding equipment loan does not disqualify you for working capital funding. Lenders evaluate total debt service relative to cash flow. If your bank statements show consistent deposits that cover both obligations with room to spare, most lenders are comfortable with both facilities running simultaneously.

What is the difference between a working capital term loan and a business line of credit?

A term loan gives you the full amount upfront and you repay it on a fixed schedule. A line of credit lets you draw, repay, and draw again up to a limit. Lines of credit are more flexible for recurring gaps; term loans are better for a defined use such as a specific staffing ramp or a one-time cash need. We can show you available options for both depending on what your file qualifies for.

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