The best types of healthcare finance loan available are:
  1. If you want to arm your clinic with new equipment and machines, a secured loan is the best option, as it promises larger sums of finance. You can modernize your clinic get new software, trained staffs which can serve the patients in a much better way.
  2. Try to get a healthcare finance loan with a flexi loan feature. This feature can get you extra finance if required. This is an excellent loan for doctors who are setting up their clinic. Often purchasing medical equipment can cross your budget and then a flexi loan facility is a perfect solution. The balance amount is kept interest free until you use it. The interest can also be paid through EMI.
  3. There are many tailored healthcare finance loans available especially for practitioners like dentists, veterinarians, optometrists etc. The medical practice acquisition loans are given according to your specific requirements only. These types of tailored loans can be specifically for equipment or remodelling your clinic or for hiring trained personnel.
  4. If you want to get a loan for a specific purpose only, a short term loan is ideal for you. Short term loans usually come with a high interest rate and shorter repayment terms. But, if you need fast financing, you can go for this type of loan.