Funding Your Specialized Sports Injury Rehabilitation Clinic
Launching a specialized sports injury rehabilitation clinic requires substantial capital for state-of-the-art equipment (like isokinetic dynamometers, advanced modalities, and hydrotherapy pools), facility build-out, and staffing. Given the high barriers to entry in specialized healthcare, securing the right mix of funding is critical for success.
1. Traditional Business Financing Solutions
The healthcare sector is often viewed favorably by lenders due to its essential nature and reliable revenue streams (insurance reimbursements).
- Small Business Administration (SBA) Loans: These are government-backed loans that offer lower interest rates, longer repayment terms, and greater flexibility than conventional bank loans, making them ideal for startups.
- SBA 7(a) Loan: The most popular type, suitable for a wide range of uses, including working capital, equipment purchase, and debt refinancing (up to $5 million).
- SBA 504 Loan: Geared toward major fixed asset purchases, such as real estate acquisition or major facility improvement, with terms up to 25 years.
- SBA