Medquity
- Company typePrivate
- Founded2013
- HeadquartersNashville, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Medquity does
Medquity is a healthcare-focused banking division of INSBANK, a privately held Tennessee-chartered bank headquartered in Nashville (2106 Crestmoor Rd). Founded in 2013 as TMA Medical Banking through an exclusive partnership with the Tennessee Medical Association, it operates today under the Medquity brand and serves physicians, dentists, and healthcare organizations across the United States (with personal loans unavailable in CA, ME, MD, MN, NJ, NY, VA, WA). Its product portfolio spans four core lines: commercial healthcare banking (lines of credit, equipment financing, real estate construction, practice acquisition loans up to $10M+); the Personal Doctor's Loan (unsecured loans up to $100,000 for residents, fellows, and attendings); medical and dental student loan refinancing (up to $500,000); and joint venture financing for physician equity investments in ambulatory surgery centers and dialysis centers (up to $350,000).
The underlying technology consists of standard online banking infrastructure: web-based loan application portals with document upload, rate/term selection, and electronic signature (including a dedicated findmyrate.medquity.com portal), a student loan refinancing rate calculator, mobile banking, and a treasury management platform for commercial deposit, money market, and loan servicing. No proprietary fintech stack, AI/ML capabilities, or third-party integrations are disclosed.
The business model is interest- and fee-based lending: net interest income from originated loans across the four product lines, supplemented by preferred deposit-account pricing, money market fees, and treasury management fees for healthcare clients. Go-to-market is hybrid: enterprise field sales with relationship managers meeting healthcare clients onsite (with named physician customers in nephrology, oncology, general surgery, and spine/rehab), a self-serve digital channel for consumer-facing products, and channel partnerships via the TMA referral pipeline. Distribution is supported by a 20+ Physician Advisory Board that provides industry guidance to INSBANK management. Leadership is a small named team — President Blake Wilson, Vice President Zac Duckett, FVP/Director of Commercial Deposits Chris Cahill, and AVP Healthcare Relationship Manager Michael S. Fraser — operating under the INSBANK regulatory and capital umbrella (NMLS# 800817).
Medquity firmographics
Firmographics- Name
- Medquity
- Legal name
- Medquity
- Website
- https://medquity.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Medquity industry classification
Industry- Product category
- Healthcare Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Savings Institution, Federally Chartered (6035)
- akta.pro primary industry
- Medical & Healthcare Personal Loans (Unsecured Installment) (FSAKAAAF)
- akta.pro secondary industry
- Healthcare & Pharmaceuticals (FSABACAN)
Keywords
Where Medquity is headquartered
LocationHeadquarters
- HQ city
- Nashville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Medquity business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Commercial Lending: Interest income from commercial loans to healthcare organizations including practice acquisitions, equipment purchases, real estate construction, lines of credit, and joint venture investments. Loans range from $100,000 to $10+ million.
- Personal Loans for Physicians: Interest income from unsecured personal loans to qualifying residents, fellows, or attending physicians and dentists up to $100,000. Fixed rate (3 or 5 year terms) and variable rate line of credit (2 year) options.
- Student Loan Refinancing: Interest income from refinancing medical and dental student loans, ranging from $40,000 to $500,000. Competitive interest rates with autopay discounts.
- Joint Venture Financing: Interest income from commercial loans financing physician equity investments in Ambulatory Surgery Centers (ASCs) and Dialysis Center Joint Ventures up to $350,000 via online portal.
- Deposit Account Fees: Preferred pricing on deposit and money market accounts for healthcare clients. Treasury management services generate fee income.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Doctor's Loan - Fixed Rate Option |
| Usage-based | Monthly | Personal Doctor's Loan - Variable Rate Line of Credit |
| Subscription | Monthly | Student Loan Refinancing |
| Subscription | Monthly | Joint Venture Financing - Online Portal |
| Subscription | Monthly | Commercial Lending - Healthcare Organizations |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Medquity product offering
Product offeringCore offering
Medquity is a healthcare-focused banking division of INSBANK that provides specialized lending and banking products to physicians, dentists, and healthcare organizations. Its core offerings include commercial loans for practice acquisition, equipment, and real estate (up to $10M+), joint venture financing for ASC/Dialysis equity investments up to $350,000, personal doctor's loans up to $100,000, and medical/dental student loan refinancing from $40,000 to $500,000, all delivered with healthcare-industry expertise and dedicated relationship management.
Product overview
Medquity is a healthcare-focused banking division of INSBANK offering a suite of financial products specifically designed for medical professionals. The product portfolio consists of Medical & Dental Student Loan Refinancing for loan consolidation, Personal Doctor's Loans for liquidity needs up to $100,000, Healthcare Banking for commercial lending including lines of credit and practice acquisitions, and Joint Ventures Financing for ASC and dialysis center equity investments. TMA Medical Banking serves as an exclusive sub-brand partnership with the Tennessee Medical Association.
Differentiator
Problem solved
Functional benefit
Products and services
- Healthcare Banking Commercial banking and lending solutions for healthcare organizations including practice loans, equipment financing, real estate construction, tenant improvements, and working capital lines of credit. Designed for medical practices, dental practices, hospitals, surgery centers, and long-term care facilities needing growth capital, acquisition financing, or new facility funding.
- Joint Ventures Financing Loan financing for physician equity investments in Ambulatory Surgery Center (ASC) and Dialysis Center Joint Ventures, up to $350,000. Applied for online via a streamlined portal with document upload, rate/term selection, and electronic signature. Structured as a commercial loan not reported to personal credit bureaus; available in 5, 7, and 10 year terms.
- Personal Doctor's Loan Unsecured personal loans up to $100,000 for resident, fellow, or attending physicians and dentists. Offers fixed-rate 3 or 5 year term options and a 2 year variable rate line of credit. Used for debt consolidation, liquidity, credit score improvement, and financial flexibility. Requires minimum 700 credit score and max 45% DTI; residents/fellows must have an executed employment contract.
- Medical & Dental Student Loan Refinancing Refinancing of private and federal student loans for medical and dental professionals (physicians, dentists, podiatrists, NPs, CRNAs, PAs, veterinarians, physical therapists, optometrists, dental hygienists). Refinance amounts from $40,000 to $500,000 with credit-profile-based rates, 0.25% autopay discount when auto-drafted from a Medquity account, and up to 90 days of in-service economic hardship deferment. Rate discovery in under 2 minutes via online calculator.
- TMA Medical Banking Exclusive banking partnership with the Tennessee Medical Association offering specialized medical banking products to TMA member physicians, including practice expansion loans and facility financing. Recent closings include $10M facility financing and $1.5M working capital lines of credit for TMA members. Operates as a dedicated division under the Medquity brand.
Companies that use Medquity
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles4 records
Medquity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Medquity partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Tennessee Medical Association (TMA)flagshipExclusive banking partnership with the Tennessee Medical Association since 2013. TMA Medical Banking is a dedicated division serving TMA member physicians. Partnership includes co-branding, TMA website presence, member referrals, and TMA Advisory Board involvement. Recent closings highlight partnership success with $10M facility financing and $1.5M lines of credit for TMA members.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Medquity competitors and assessment
Company assessmentDirect peers
- Live Oak Bank: Specialty bank widely recognized as the largest SBA lender to healthcare professionals and veterinary practices. Highly comparable to Medquity's Healthcare Banking division focused on practice acquisition and growth financing.
- Laurel Road (KeyBank): Healthcare-professional lending division of KeyBank offering student-loan refinancing, personal loans, and mortgage products to physicians, dentists, and other medical professionals. Directly comparable to Medquity's consumer-facing healthcare lending.
- Panacea Financial: Direct competitor offering banking, lending, and student-loan-refinancing products purpose-built for physicians, residents, and medical students. Closely overlaps Medquity's target customer and product suite across personal and practice lending.
Broad incumbents
- Wells Fargo Practice Finance: Large incumbent bank with a dedicated Practice Finance group financing healthcare practice acquisitions, equipment, and real estate. Overlaps with Medquity's Healthcare Banking commercial lending offering but as part of a broader portfolio.
- Truist Healthcare Practice Solutions: Large regional bank with dedicated practice financing and healthcare banking capabilities targeting physician and dental practices. Comparable to Medquity's commercial healthcare lending and treasury management offerings.
- Citizens Bank Healthcare Professional Loans: Healthcare-focused lending program from a national bank offering practice financing, refinancing, and physician personal loans. Overlaps Medquity's healthcare-commercial and consumer-lending mix.
- First Citizens Bank Healthcare Financing: Large regional and national bank providing healthcare practice acquisition loans, equipment financing, and real estate lending to physicians and medical groups. Comparable commercial healthcare lending focus.
- BMO Harris Healthcare Banking: Mid-size national bank with a healthcare-banking group offering practice acquisition financing, treasury management, and lending to medical and dental practices. Broadly comparable to Medquity's commercial healthcare banking.
- Bank of America Practice Solutions: National bank's healthcare practice financing unit providing practice acquisition loans, equipment financing, and working capital to physicians and dentists. Comparable to Medquity's commercial healthcare lending.
Regional players
- Pinnacle Financial Partners: Nashville-headquartered regional bank with a strong healthcare vertical serving physician practices, surgery centers, and hospitals in the Southeast. Directly comparable geographic and industry overlap with Medquity's Nashville base and Tennessee footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Medquity social profiles
Digital presenceMedquity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medquity leadership team
Management profileNumber of profiles
Profiles4 records
Medquity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medquity 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 Medquity
What does Medquity do?
Medquity is a healthcare-focused banking division of INSBANK that provides specialized lending and banking products to physicians, dentists, and healthcare organizations. Its core offerings include commercial loans for practice acquisition, equipment, and real estate (up to $10M+), joint venture financing for ASC/Dialysis equity investments up to $350,000, personal doctor's loans up to $100,000, and medical/dental student loan refinancing from $40,000 to $500,000, all delivered with healthcare-industry expertise and dedicated relationship management.
Is Medquity a public or private company?
Medquity is a private company. It is classified as corporate owned and is currently operating.
When was Medquity founded?
Medquity was founded in 2013. It employs 11 to 50 people.
Where is Medquity based?
Medquity is headquartered in Nashville, United States, in the North America region.
How does Medquity make money?
Five revenue lines are on record. Commercial Lending is the primary driver. The others are personal Loans for Physicians, student Loan Refinancing, joint Venture Financing and deposit Account Fees.
Who are Medquity's main competitors?
Direct peers on record are Live Oak Bank, Laurel Road (KeyBank) and Panacea Financial. Broad incumbents are Wells Fargo Practice Finance, Truist Healthcare Practice Solutions, Citizens Bank Healthcare Professional Loans, First Citizens Bank Healthcare Financing, BMO Harris Healthcare Banking and Bank of America Practice Solutions. Pinnacle Financial Partners is listed as a regional player.
Does Medquity have an API?
No public API is recorded for Medquity.
What industry is Medquity in?
Medquity's product category is Healthcare Banking. Its primary akta.pro industry code is FSAKAAAF, Medical & Healthcare Personal Loans (Unsecured Installment), with a secondary code of FSABACAN, Healthcare & Pharmaceuticals. Its NAICS code is 5221 and its SIC code is 6035.