Dermatology Practice Restart/Startup - $250,000.00 - $350,000
Need a Funder or Vendor? START HERE

Results 1 to 5 of 5
  1. #1
    Senior Member Reputation points: 31
    Join Date
    Apr 2017
    Location
    Orange County, CA
    Posts
    111

    Question Dermatology Practice Restart/Startup - $250,000.00 - $350,000

    Long-time client. Practiced Dermatology for 30+ years.
    Sold his old practice is unretiring, and bringing on his old high-volume PA
    A turn-key back office, all in the area, easily accessible by old clients.
    He has 800 FICO score, Pa has 650 (5-year discharged BK).

    Needs 250-350k to cover costs till Medicare starts paying. Which is about a 90 delay from a client's visit.

    I have SBA angled covered, it is just not what they want to do. Open to new programs as I usually avoid startups like the plague.

    Depending on the deal, there is some decent real estate collateral with equity to put up.

  2. #2
    Senior Member Reputation points: 4111
    Join Date
    Oct 2022
    Posts
    351

    Is he allowed to solicit or compete after a successful exit? I might know some groups who purchase the AR if it makes enough sense. This would need to be executed before the SBA is completed as to have a 1st lien position or the rights to these assets.
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086
    www.henekconsulting.com

  3. #3
    Quote Originally Posted by 1Loanguy View Post
    Long-time client. Practiced Dermatology for 30+ years.
    Sold his old practice is unretiring, and bringing on his old high-volume PA
    A turn-key back office, all in the area, easily accessible by old clients.
    He has 800 FICO score, Pa has 650 (5-year discharged BK).

    Needs 250-350k to cover costs till Medicare starts paying. Which is about a 90 delay from a client's visit.

    I have SBA angled covered, it is just not what they want to do. Open to new programs as I usually avoid startups like the plague.

    Depending on the deal, there is some decent real estate collateral with equity to put up.
    Hey, I offer unsecured loans up to $500k with no down payment 5-7 year terms with no prepayment penalty. Happy to see if this could be a good fit. Please email me at [email protected] *so we can connect.

  4. #4
    Member Reputation points: 10
    Join Date
    Jul 2025
    Location
    Newark, NJ
    Posts
    20

    Cash-Out Refi on the Real Estate may be the route to go here.
    Ken Phillips
    ISO Relations Manger|Business Development
    60 Park Pl, Newark NJ 07102
    Cell Phone: +1 (862) 452-4769
    Email: [email protected]
    Website: viviancapitalgrp.com

Similar Threads

  1. $150K/month Vet Practice
    By aak723 in forum Deal Bin
    Replies: 3
    Last Post: 10-15-2019, 09:21 AM
  2. Dental Practice - Large tax lien
    By With A C in forum Deal Bin
    Replies: 7
    Last Post: 09-19-2017, 03:55 PM
  3. Medical Practice
    By omegafund in forum Deal Bin
    Replies: 11
    Last Post: 10-01-2016, 09:08 PM
  4. dental practice purchase
    By omegafund in forum Deal Bin
    Replies: 2
    Last Post: 04-29-2016, 11:07 AM
  5. Renewal Practice
    By Funder Mark in forum Merchant Cash Advance
    Replies: 8
    Last Post: 02-23-2015, 05:56 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Forward Financing: $170M ABS
Parafin partners with Kajabi
Enova to acquire Grasshopper Bank
LoanBud expands w/ new office
Parafin partners with NMI
Channel: $1B milestone, ABS upgrades
Receivabull, LendSaaS integrate
Reliance Financial: record originations
Biz2X launches Digital Site Visits
Aquamark: "Secure Funder" certifications


DIRECTORY
The Arcade