SBA Loans for Healthcare Calculator
Calculate SBA loan payments for healthcare businesses. Get funding for medical offices, dental practices, equipment, and practice acquisitions with favorable SBA terms.
Healthcare SBA Loan Examples
See real SBA loan payment examples for common healthcare financing needs. Healthcare businesses often qualify for excellent rates due to stable cash flows and valuable equipment collateral.
Loan Amount
$300,000
Rate
9.75%
Term
10 years
Total Interest
$163,560
Total Cost
$463,560
Monthly Payment
$3,863
Loan Amount
$750,000
Rate
9.5%
Term
15 years
Total Interest
$659,580
Total Cost
$1,409,580
Monthly Payment
$7,831
Loan Amount
$1,500,000
Rate
9.25%
Term
20 years
Total Interest
$1,855,680
Total Cost
$3,355,680
Monthly Payment
$13,982
Loan Amount
$2,500,000
Rate
9.0%
Term
25 years
Total Interest
$3,799,100
Total Cost
$6,299,100
Monthly Payment
$20,997
| Loan Amount | Rate | Term | Monthly Payment | Total Interest | Total Cost |
|---|---|---|---|---|---|
| $300,000 | 9.75% | 10 years | $3,863 | $163,560 | $463,560 |
| $750,000 | 9.5% | 15 years | $7,831 | $659,580 | $1,409,580 |
| $1,500,000 | 9.25% | 20 years | $13,982 | $1,855,680 | $3,355,680 |
| $2,500,000 | 9.0% | 25 years | $20,997 | $3,799,100 | $6,299,100 |
Healthcare SBA Loan Scenarios
Medical Practice Startup
$500,000 for new medical practice
Monthly Payment: ~$5,374 (15 years, 10.0%)
Use: Medical equipment, office buildout, working capital
Equipment: Exam tables, diagnostic equipment, EHR systems
Benefit: Comprehensive practice setup
Dental Practice Acquisition
$750,000 to purchase existing dental practice
Monthly Payment: ~$7,831 (15 years, 9.5%)
Includes: Equipment, patient base, goodwill, working capital
Equipment: Dental chairs, X-ray, sterilization equipment
Advantage: Established patient base and cash flow
Medical Office Building (SBA 504)
$2M medical office with 10% down
Monthly Payment: ~$19,220 (blended rate)
Structure: 50% bank loan, 40% SBA, 10% down
Term: 25 years for real estate
Benefits: Build equity, stable location
Specialized Medical Equipment
$400,000 for advanced diagnostic equipment
Monthly Payment: ~$4,299 (15 years, 10.0%)
Equipment: MRI, CT scanner, ultrasound, lab equipment
Term: 10-15 years for equipment
ROI: Increased revenue from expanded services
Multi-Specialty Clinic
$1.2M for multi-specialty medical facility
Monthly Payment: ~$11,626 (20 years, 9.5%)
Use: Facility buildout, multiple specialty equipment
Specialties: Primary care, cardiology, orthopedics
Benefit: Diversified revenue streams
Veterinary Practice
$600,000 for veterinary clinic and equipment
Monthly Payment: ~$6,449 (15 years, 10.0%)
Equipment: Surgery suite, X-ray, lab equipment
Facility: Exam rooms, boarding facilities
Market: Growing pet healthcare demand
Choose Your Calculator
Use SBA 7(a) for equipment and practice purchases. Use SBA 504 for medical office buildings.
Loan Details
Maximum: $5,000,000
Typical range: 9.5% - 10.5%
Auto-set based on loan purpose (Real Estate: 25 years, Others: 10-15 years)
Quick Select Amount:
SBA 7(a) Loan Key Features
Loan Details
- • Loan amounts up to $5 million
- • Terms up to 25 years for real estate
- • Terms up to 10 years for equipment/working capital
- • SBA guarantees 75-85% of the loan
Typical Rate Structure
- • Loans ≤ $50K: Prime + 3.5% to 4.25%
- • Loans $50K-$250K: Prime + 2% to 2.75%
- • Loans $250K-$5M: Prime + 3% max
- • Rate varies by lender and qualifications
SBA Loans for Healthcare: Industry Guide
Healthcare SBA Loan Advantages
- • Stable Industry: Healthcare is recession-resistant
- • Valuable Collateral: Medical equipment holds value well
- • Predictable Cash Flow: Insurance reimbursements provide stability
- • Essential Service: Always in demand
- • Professional Credentials: Licensed professionals reduce risk
- • Growth Potential: Aging population drives demand
Common Healthcare Loan Uses
- • Medical Equipment: Diagnostic, surgical, lab equipment
- • Practice Acquisition: Buying existing practices
- • Office Purchase: Medical office buildings
- • Technology: EHR systems, telemedicine equipment
- • Renovation: Medical office buildouts and improvements
- • Working Capital: Inventory, payroll, operating expenses
Medical Equipment Financing Examples
Diagnostic Equipment
MRI Machine: $1.5M - $13,982/month
CT Scanner: $800K - $7,464/month
Ultrasound: $150K - $1,398/month
X-Ray: $75K - $699/month
Dental Equipment
Dental Chairs (4): $120K - $1,118/month
Digital X-Ray: $60K - $559/month
Sterilization: $25K - $233/month
CAD/CAM: $150K - $1,398/month
Surgical Equipment
Surgery Suite: $500K - $4,662/month
Anesthesia: $100K - $932/month
Monitors: $50K - $466/month
Laser Systems: $200K - $1,865/month
*Estimated payments based on 10-15 year terms at 9.5-10.5% rates. Equipment serves as collateral.
SBA Financing by Healthcare Practice Type
Primary Care Practices
Typical Loan Amount: $300K-$800K
Common Uses: Practice acquisition, equipment, EHR systems
Equipment Needs: Exam tables, basic diagnostic equipment
Cash Flow: Stable insurance reimbursements
SBA Preference: 7(a) for flexibility
Specialty Practices
Typical Loan Amount: $500K-$2M
Common Uses: Specialized equipment, facility buildout
Equipment Needs: Advanced diagnostic, surgical equipment
Cash Flow: Higher reimbursement rates
SBA Preference: 7(a) or 504 depending on real estate
Dental Practices
Typical Loan Amount: $400K-$1.2M
Common Uses: Practice acquisition, equipment packages
Equipment Needs: Dental chairs, X-ray, sterilization
Cash Flow: Mix of insurance and cash pay
SBA Preference: 7(a) for established practices
Veterinary Practices
Typical Loan Amount: $300K-$1M
Common Uses: Clinic setup, surgical equipment
Equipment Needs: Surgery suite, X-ray, lab equipment
Cash Flow: Growing market, cash pay common
SBA Preference: 7(a) for equipment and working capital
Healthcare SBA Loan Requirements
Professional Requirements
- • Professional License: Current medical/dental license required
- • Board Certification: Preferred for specialists
- • Malpractice Insurance: Current coverage required
- • Experience: 2+ years in practice preferred
- • Education: Accredited medical/dental school
- • Clean Record: No disciplinary actions
Financial Requirements
- • Credit Score: 680+ preferred for best rates
- • Down Payment: 10-15% typical
- • Cash Flow: 1.25x debt service coverage
- • Revenue History: 2+ years for acquisitions
- • Personal Guarantee: Required from owners
- • Collateral: Equipment and business assets
Related Healthcare Financing Resources
SBA 504 Calculator
Calculate SBA 504 payments for medical office building purchases with only 10% down.
Calculate SBA 504 Payments →Healthcare SBA Eligibility
Check if your healthcare business qualifies for SBA loans and see your score.
Check My Eligibility →Which SBA Loan for Healthcare?
Compare SBA loan types to find the best option for your healthcare practice.
Compare Loan Types →Ready to Finance Your Healthcare Practice?
Healthcare businesses are ideal candidates for SBA loans due to stable cash flows and valuable equipment. Connect with SBA lenders who specialize in healthcare financing.