Health Services Business Loan

Health Services Business Loan

Operating a health services business involves not only substantial work, but also substantial funding. You must be able to meet the demands of your various patient groups, and you must have experienced staff and state-of-the-art equipment to deliver the best possible care. Learn how our capital solutions can help you do just that.

Health Services Business Loan

As with any self-sustained business, managing a health practice in Canada is a costly venture. Keeping a medical institution in good shape necessitates a significant amount of working capital. As a medical expert you’ll need access to a wide range of equipment and supplies, as well as a welcoming environment to tend to your patients. This is when having consistent working capital can come in handy.

We understand the challenges involved with running a health services business, and would like to help you minimize these frustrations with business funding that is accessible at your disposal. Traditionally, alternative lenders have certain criteria that prevent health services businesses from seeking the funding they need. The application process is simple and quick, allowing us to provide you a pre-approved quote in minutes, and funding in as little as 24 hours. To unlock your business’ potential, call now or apply online today.

How can a health services business loan help me?

Equipment

In order to accurately diagnose and treat patients, your health services business must ensure it is equipped with the right tools for the job. Medical equipment isn’t cheap, and there’s no taking shortcuts when it comes to the well being of your patients. Use a health services business loan to stock your practice with all of the necessary equipment.

Hire professionals

Every health services business requires certain professionals to be able to operate properly. This includes hiring certified medical professionals and specialists for certain fields of medicine. Furthermore, you’ll need staff for other aspects of the business such as administration, maintenance, marketing, etc.

Rent and utilities

Depending on your location, rent may be one of your largest expenses as a small health services business owner. You will also need to account for the cost of utilities such as energy and hydro, and other month-to-month fees such as phone and internet payments. A health services business loan will allow you to allocate funds to ensure you are able to fulfill your bill payments each month.

Interesting facts about the health services industry in Canada

  • The COVID-19 pandemic raised the need for health services, with a rise in demand for vaccines and treatment.
  • The Canadian medical device market is sophisticated and mature, with a strong demand for high-quality medical technologies. The majority of medical devices used in the Canadian healthcare system are imported.

How it works

01

Apply in 3 simple steps and
get pre-approved instantly

Our all-digital credit application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We ask you to securely connect your online banking information. And as soon as you're done, we'll tell you exactly how much you can borrow - all without hurting your credit score.

02

Draw what you need, when you need it

When your application is complete, you'll know exactly how much you can borrow, but only you know how much you actually need right now. Make individual draws from within your overall business loan limit, each with their own fixed fees and terms. All pricing is up front, with nothing hidden in the small print.

03

Use our support for whatever you need

Choose the repayment schedule that makes sense for your business—from daily, weekly or bi-weekly payments, or pay early to save on interest. Borrow from $500 to $300,000 on 2, 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.

See if Your business qualifies

Qualification is simple.
No heavy paperwork.

If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.

Your business is based in Canada

Your average monthly revenue is at least $3,000

You have been operating for at least 3 months with a dedicated business bank account

What do you need right now?

Every day brings a different challenge and a different opportunity. At Thinking Capital, we're here with the funds you need when you need them, whether that's to seize the moment, to face down business calamities, or to bet on yourself as you take your business to the next level.

Funding the unexpected

Funding the unexpected

Truck broke down? Receivables late? Product stuck on a ship somewhere?

When the unexpected happens (and it will), we’ve got you.
Marketing Funding

Marketing Funding

Got a great product but need to get the word out?

A business can’t grow without putting itself out there. We help you line up your brand, marketing, and ad spend to make that big public splash.
Funding New Projects

Funding New Projects

New products? Channels? Seize-the-moment growth opportunities?

Whether it’s expanding to new locations, audiences, or product lines, we help you invest in growing your business.

We've got you

We're here to make life easier for Canadian small to medium businesses like yours. How can we help you today?