Banner
  • Industry News
  • Access and Reimbursement
  • Law & Malpractice
  • Coding & Documentation
  • Practice Management
  • Finance
  • Technology
  • Patient Engagement & Communications
  • Billing & Collections
  • Staffing & Salary

Getting a Loan

Article

I would like to obtain a small loan. Do you know of private lenders?

Question: I would like to obtain a small loan. Do you know of private lenders?

Answer: Plenty of banks are happy to have physicians as customers and hopefully will be willing to build a long-term relationship with you. Those with “private banking” divisions may be more accustomed to working with physicians in the earlier stages of their careers; most major banks have these departments, although local tellers and managers may not know about them.

Finally, I’ve heard lately of people in all sorts of businesses, including physicians, having success with services like prosper.com. You post a plan outlining what you need the funds for and people bid to pitch in the money. Basically, it’s an online micro-loan community. (Answer provided by Physicians Practice’s Laurie Hyland Robertson.)

Related Videos
Physicians Practice | © MJH LifeSciences
The importance of vaccination
The fear of inflation and recession
Protecting your practice
Protecting your home, business while on vacation
Protecting your assets during the 100 deadly days
Payment issues on the horizon
The future of Medicare payments
MGMA comments on automation of prior authorizations
The burden of prior authorizations
Related Content
© 2024 MJH Life Sciences

All rights reserved.