What are my financing options for practice acquisition, start up, or expansion?
Financing options for a practice acquisition or expansion are more available. This is due to the fact that an existing practice has a historical cash flow that can be analyzed, and a customer base already established. A start-up will experience a period of negative cash flow before becoming established, and is thus harder for most lenders to finance. If you are doing a start-up, it is critical to find a lender who will help provide the working capital (cash) necessary through the first few months of operation.