Can a new veterinary practice get funding?
Practices under 12 months old can often qualify for equipment financing with a vendor quote and 10–20% down payment. Working capital programs generally require 12+ months of operating history.
What types of veterinary practices qualify?
General practice, emergency and critical care, specialty (cardiology, oncology, orthopedics, dermatology), exotic animal, equine, mobile, and shelter medicine practices all qualify.
Can I use funding to buy an existing veterinary practice?
Yes. Practice acquisition financing is available through our term loan programs. We can often fund up to 80% of the practice purchase price based on demonstrated cash flow.
How does pet insurance and third-party billing affect qualification?
Your actual bank deposits are what we evaluate — not billing volumes. Practices that process significant insurance and third-party payments may have a lag between service and deposit that we account for in our evaluation.
Can I get funding for a mobile veterinary practice?
Yes. Mobile vet practices with consistent revenue qualify using their business bank deposits. Vehicle purchases and medical equipment for mobile practices also qualify for equipment financing.
What credit score is required?
We work with veterinary professionals starting at 500 FICO. Scores of 620+ access the most competitive rates. Strong practice revenue can partially offset lower credit scores.
Can multiple-veterinarian practices get larger loans?
Yes. Multi-doctor practices with higher revenue qualify for proportionally larger funding amounts. We evaluate the total practice revenue, not individual doctor production.
How does equipment financing work for veterinary equipment?
You apply, provide a vendor invoice or equipment quote, and receive funding directly to the vendor or to your account within 2–7 days. The equipment serves as its own collateral — no additional assets required.
Can I use funding for a veterinary emergency?
Yes — working capital programs can fund within 24 hours for qualified practices. If you are facing an emergency operational need (equipment failure, lease obligation, etc.), call us directly at (888) 896-5559.
Can a practice with existing SBA debt get additional working capital?
Often yes. We evaluate net operating cash flow after debt service. SBA debt is a factor but not a disqualifier — many practices with existing SBA loans access additional working capital.