Industry financing / Healthcare
Healthcare financing for Canadian practices
Healthcare practices can compare business loans for expansion and operating needs with equipment financing for eligible clinical assets. The appropriate path depends on the purpose, business cash flow, asset, security, and complete underwriting file.
How can a healthcare practice finance an expansion?
A healthcare practice can use a business-loan product for an expansion plan that may include leasehold work, hiring, marketing, or operating capital. The facility should be compared on amount, total cost, term, security, repayment schedule, and the assumptions used in underwriting.
Can clinical and office equipment be financed separately?
Eligible clinical, diagnostic, technology, and office assets can be submitted through the equipment lane when the request is tied to a defined purchase. Asset eligibility, seller, condition, price, business use, and supporting information affect the review.
What should a practice prepare for a financing review?
A practice should start with the funding purpose, requested amount, business profile, and any defined asset or project details. Nex or a selected financing provider may request financial statements, bank activity, ownership information, identification, or transaction documents when relevant.
Compare the file
Which healthcare financing path fits the plan?
Use equipment financing for a defined eligible asset and business-loan products for a practice plan that combines several costs.
01
Defined clinical asset
Describe the equipment, seller, condition, price, and intended use in the equipment lane.
02
Practice expansion
Compare business-loan paths for leaseholds, staffing, operating capital, and other project costs.
03
Owned eligible equipment
Review refinance or sale-leaseback where asset value and the complete structure support it.
Choose a lane
Where should a healthcare practice start?
Start in the portal for a multi-cost expansion plan or use the equipment lane when the request is tied to a specific asset.
Your credit is only checked when you send your application to the lender you choose.
Business loans: Free · about 10 minutes · opens the Nex application portal.
Industry FAQ
What do healthcare practices ask about financing?
These answers clarify how Nex separates a practice-wide capital plan from a specific equipment transaction.
Can a newer healthcare practice apply?
A newer practice can submit a request, but availability depends on the owners’ experience, business plan, cash flow, asset or project, security, and the complete underwriting file.
Can used clinical equipment be financed?
Eligible used equipment can be reviewed. The asset, condition, seller, price, intended use, and any required inspection or appraisal affect the available structure.
Can leasehold work and equipment be part of one plan?
They can be described as one expansion plan, but the most suitable structure may separate equipment from leaseholds and working capital. Nex reviews the uses before explaining available paths.
Are documents required before the initial request?
The initial request starts with a concise business and funding profile. Relevant financial, ownership, identification, or transaction documents may be requested later for the selected path.
Does a healthcare financing request guarantee an offer?
No. A request is for specialist review and does not guarantee approval or terms. Any offer remains subject to the financing provider’s underwriting.
Ready to compare healthcare business-loan paths?
Use the Nex application portal to describe the practice, amount, and expansion or operating purpose.
Start my business-loan brief