ProMed Financial
ProMed Financial is a California-based specialty finance and brokerage firm founded in 1993 that arranges medical practice loans ($100K-$10M) and facilitates practice sales for SMB healthcare providers nationwide, including physicians, dentists, veterinarians, and med spa owners.
- Company typePrivate
- Founded1993
- HeadquartersCosta Mesa, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ProMed Financial does
ProMed Financial, Inc. is a California-incorporated, privately held specialty finance and brokerage firm founded in 1993 that operates exclusively in the U.S. healthcare practice market. The company originates and arranges medical practice loans ranging from $100,000 to $10 million for purposes including practice acquisition, startup financing, expansion, equipment purchases, partnership buy-ins, real estate, and debt consolidation, working through a network of SBA lenders and conventional banking partners. Its brokerage division provides confidential practice sales services, valuations, buyer-seller matching, and transition support to healthcare providers.
The firm serves a broad SMB customer base of physicians, dentists, chiropractors, podiatrists, veterinarians, optometrists, med spa owners, dermatologists, and urgent care operators across all 50 states, with a headquarters in Costa Mesa, California and a regional office in Dix Hills, New York. Its go-to-market is sales-led, relying on direct outreach, free consultations and valuations, an online listings portal with NDA-protected access, and content marketing through its website and social channels. The company has facilitated over $1 billion in cumulative healthcare financing across more than three decades but discloses no company-level revenue, has no external institutional funding, and offers no proprietary technology platform.
ProMed earns revenue through two primary streams: loan origination and placement fees on financing facilitated through its lender network (including SBA 7(a) loans with 10% down payments and 10-25 year terms), and brokerage commissions on practice sales transactions. Pricing is quote-based and not publicly disclosed, with approvals reportedly issued within 48 hours and funding within 7-10 days as a key competitive differentiator against traditional banks. The firm competes on physician-specific underwriting expertise, speed, and flexibility rather than on technology or scale.
ProMed Financial firmographics
Firmographics- Name
- ProMed Financial
- Legal name
- ProMed Financial, Inc.
- Website
- https://promed-financial.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ProMed Financial is a California-based specialty finance and brokerage firm founded in 1993 that arranges medical practice loans ($100K-$10M) and facilitates practice sales for SMB healthcare providers nationwide, including physicians, dentists, veterinarians, and med spa owners.
- Ownership category
- akta.pro rank
ProMed Financial industry classification
Industry- Product category
- Healthcare Practice Financing and Brokerage
- NAICS
- Activities Related to Credit Intermediation (5223), Credit Intermediation and Related Activities (522), Other Nondepository Credit Intermediation (52229)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
- akta.pro secondary industries
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)
Keywords
Where ProMed Financial is headquartered
LocationHeadquarters
- HQ city
- Costa Mesa
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
ProMed Financial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Medical Practice Financing/Lending: ProMed Financial provides financing solutions to healthcare professionals including practice acquisition loans, SBA loans, working capital, equipment financing, and real estate loans. Revenue is generated through interest income and origination fees on loans facilitated through their network of banking partners and SBA lenders.
- Practice Brokerage/Commission: The company earns commissions on practice sales by listing healthcare practices for sale, matching buyers with sellers, and facilitating transactions through their brokerage services. They provide valuation services and charge fees for successful transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Medical business loans from $100K to $10M |
| Other | Multi-year contract | SBA Loans from $350K to $5M |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
ProMed Financial product offering
Product offeringCore offering
ProMed Financial provides specialized financing and brokerage services for healthcare professionals across the United States. Its core offerings include practice acquisition loans (from $100,000 up to $10 million), SBA 7(a) loans, working capital loans, equipment financing, commercial real estate loans, and debt consolidation — supplemented by a practice brokerage operation that lists healthcare practices for sale and matches buyers with sellers nationwide.
Product overview
ProMed Financial offers a comprehensive suite of healthcare practice financing and brokerage services since 1993. The core offering consists of Medical Practice Financing with loan amounts from $100K to $10M, complemented by SBA Lending programs (SBA 7(a)), Working Capital Loans, Practice Acquisition Loans, Debt Consolidation, and Real Estate Financing. The company provides specialty-specific financing products for dental practices (Dental Practice Loans), chiropractic practices (Chiropractic Practice Loans), and podiatry practices (Podiatry Practice Loans). The brokerage division handles Medical Practice Sales/Brokerage for various healthcare specialties including Med Spa Clinics for Sale and Dermatology Clinics for Sale. Additional services include Equipment Financing, Practice Valuation Services, and Financial Planning for Physicians. The platform includes buyer and seller registration services with Non-Disclosure Agreement protection. SBA loans offer 10% down payments, up to 10-year terms for business acquisitions, and up to 25-year terms for real estate, with 48-hour approvals and 7-10 day funding.
Differentiator
Problem solved
Functional benefit
Products and services
- Medical Practice Financing Core financing service offering loans from $100K to $10M for practice acquisition, expansion, equipment purchases, and partnership buy-ins with 48-hour approvals and 7-10 day funding, tailored to healthcare professionals across medical, dental, veterinary, chiropractic, optometry, podiatry, med spa, dermatology, and urgent care practices.
- SBA 7(a) Lending Small Business Administration 7(a) loan programs offering competitive interest rates, low down payments (as low as 10%), and longer repayment terms (up to 10 years for business purchases, 25 years for real estate), facilitated through ProMed's network of SBA lenders for medical and non-medical businesses.
- Working Capital Loans Short-term financing not linked to accounts receivables, providing healthcare practice owners flexibility to manage cash flow without waiting on patient payments or insurance reimbursements.
- Practice Acquisition Loans Financing solutions for doctors, dentists, and specialists to purchase existing medical, dental, or specialty practices with flexible terms and approvals of up to 100% of the selling price.
- Debt Consolidation Loans Service combining multiple debts into a single loan with lower interest rates and structured repayment plans to reduce monthly payments and simplify financial obligations for healthcare professionals.
- Commercial Real Estate Financing Specialized financing for purchasing medical office buildings, clinics, and healthcare facilities, available as a stand-alone loan or included as part of a practice acquisition financing package.
- Equipment Financing Financing for dental and medical equipment including chairs, CBCT scanners, digital X-ray systems, intraoral scanners, CAD/CAM systems, and practice management software.
- Medical Practice Sales and Brokerage Confidential brokerage services for selling medical, dental, and healthcare practices including med spa and dermatology clinics, with valuation, buyer matching, negotiation, NDA management, and transition support.
- Practice Valuation Services Complimentary and professional valuation services using proprietary analysis methods to determine fair market value of healthcare practices, typically ranging between 2.5x and 4x EBITDA.
- Dental Practice Loans Specialized financing for dental practices including acquisition loans, startup financing, equipment financing, expansion financing, and commercial real estate loans for general dentists, orthodontists, oral surgeons, and other dental specialists.
- Chiropractic Practice Loans Exclusive loan programs designed specifically for chiropractic practices, covering acquisition financing, equipment loans, expansion loans, and real estate financing.
- Podiatry Practice Loans Exclusive financing programs for podiatry practices including acquisition loans, debt consolidation, equipment financing, expansion financing, and working capital lines.
Quantifiable outcome
- 48-hour approval decisions, 7-10 day funding
- +4 more outcomes
Companies that use ProMed Financial
Customer profileNamed customers7 records
Segments9 records
Ideal customer profiles2 records
ProMed Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ProMed Financial partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered supporting.
- Industry AssociationssupportingPartnerships with healthcare industry associations provide referral networks and credibility within the healthcare professional community. These relationships help generate leads and establish ProMed as a trusted partner in healthcare practice transitions.
- Healthcare OrganizationssupportingRelationships with various healthcare organizations including hospitals, medical groups, and professional networks. These partnerships facilitate practice acquisitions and transitions within the healthcare ecosystem.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
ProMed Financial competitors and assessment
Company assessmentDirect peers
- Bankers Healthcare Group: Specialty finance provider focused on healthcare professionals, offering practice acquisition loans, working capital, and debt consolidation to physicians, dentists, and other healthcare practitioners—directly mirroring ProMed's core lending proposition.
- Live Oak Bank: Specialty small-business bank whose largest lending vertical is healthcare/dental practice financing; originates SBA and conventional loans to practitioners nationwide, much like ProMed's lender-network model.
- SmartBiz Loans: SBA loan origination platform that matches small businesses with SBA 7(a) lenders; competes most directly with ProMed's SBA intermediation engine, though with broader small-business focus beyond healthcare.
- BoeFly: Online marketplace and advisory platform helping small businesses secure SBA and conventional financing; competes for the same SBA-origination intermediary role ProMed plays, with a broader vertical mix.
- Henry Schein Professional Practice Transitions: Brokerage service affiliated with the dental/medical supply giant, facilitating practice sales and transitions for dentists and physicians—directly comparable to ProMed's Medical Practice Sales/Brokerage line.
Broad incumbents
- Citizens Bank Practice Solutions: The healthcare practice lending arm of a large national bank, offering practice acquisition and start-up financing to physicians and dentists. Provides overlapping products but as one portfolio within a diversified bank rather than a healthcare-exclusive specialist.
- Wells Fargo Practice Finance: Healthcare practice financing program inside a major U.S. bank, providing acquisition, start-up, and expansion loans to dental and medical practitioners as part of a broader commercial lending franchise.
Emerging players
- Provide Financial: Healthcare-focused lender providing practice acquisition and working capital financing to physicians and dentists, targeting the same healthcare-professional borrower segment with a more niche/specialized product mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
ProMed Financial social profiles
Digital presenceProMed Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
ProMed Financial leadership team
Management profileNumber of profiles
ProMed Financial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ProMed Financial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ProMed Financial
What does ProMed Financial do?
ProMed Financial provides specialized financing and brokerage services for healthcare professionals across the United States. Its core offerings include practice acquisition loans (from $100,000 up to $10 million), SBA 7(a) loans, working capital loans, equipment financing, commercial real estate loans, and debt consolidation — supplemented by a practice brokerage operation that lists healthcare practices for sale and matches buyers with sellers nationwide.
Is ProMed Financial a public or private company?
ProMed Financial is a private company. It is classified as unknown and is currently operating.
When was ProMed Financial founded?
ProMed Financial was founded in 1993. It employs 11 to 50 people.
Where is ProMed Financial based?
ProMed Financial is headquartered in Costa Mesa, United States, in the North America region.
How does ProMed Financial make money?
Two revenue lines are on record. Medical Practice Financing/Lending is the primary driver. The others are practice Brokerage/Commission.
Who are ProMed Financial's main competitors?
Direct peers on record are Bankers Healthcare Group, Live Oak Bank, SmartBiz Loans, BoeFly and Henry Schein Professional Practice Transitions. Broad incumbents are Citizens Bank Practice Solutions and Wells Fargo Practice Finance. Provide Financial is listed as an emerging player.
Does ProMed Financial have an API?
No public API is recorded for ProMed Financial.
What industry is ProMed Financial in?
ProMed Financial's product category is Healthcare Practice Financing and Brokerage. Its primary akta.pro industry code is FSAEAEAI, SBA/USDA Government-Backed Loan Intermediation, with a secondary code of FSAKAGAI, SBA/Government-Backed & Development Finance Loans. Its NAICS code is 5223 and its SIC code is 6162.