Hippo Lending Helps Turn Dreams
by Teddy Stavetski
Many healthcare professionals dream of owning their own practice. I mean, who wouldn’t want to own a business that plays a crucial role in keeping the community healthy? Moreover, owning your own practice gives you more income potential. It’s the ultimate culmination of the years of hard work that you’ve dedicated to perfecting your craft. Unfortunately, for most people, there’s just one major obstacle stopping them from owning their own practice: money. The majority of lenders just don’t understand the unique needs that come with purchasing a healthcare practice. For most lenders, this is uncharted territory. That’s where Hippo Lending comes in with Healthcare Professional Loans.
A Situation That’s Playing Out Across America
Does this scenario sound familiar?
Mark is a successful doctor at a large hospital organization. He’s been in the business for years and loves what he does. Suddenly, for reasons outside of Mark’s control, the hospital decides to close its clinic. This decision threatens to completely reshape Mark’s life because could most likely be left out in the cold and forced to uproot his family. From start to finish, the process of interviewing for a new role and moving could take weeks, if not months.
However, instead of moving, there’s another solution to Mark’s problem. He could just buy the practice from his employer! This way he could continue business as usual except there’d be one major difference. Now, he’d be in control of the business. He could run the business the way he wants, would receive a stake in the profitability, and could build something meaningful. By buying this practice, Mark would finally make the jump from employee to business owner. It’s a no-brainer.
Luckily, a friend gave Mark some advice. “Don’t go through a traditional bank”, they’d told him. “Most banks don’t really understand our profession. What you need is a lending company that tailors loans specifically to healthcare professionals. You should give Hippo Lending a call.”
Scenarios like Mark’s are playing out nearly every day across the country. That’s part of the reasons why we’ve helped hundreds of professionals just like Mark.
Who Is Hippo Lending?
Hippo Lending tailors loans specifically to healthcare professionals. We know that the majority of healthcare professionals have difficulty getting access to lending due to many factors. Mainly, there’s the high cost of medical school, high debt levels associated with getting started, and inconsistent initial cash flows.
However, unlike most lenders, Hippo Lending knows that there is a huge opportunity for success in owning your own practice. Hippo Lending doesn’t get nervous and quake about the roadblocks we know you might face. Instead, we give you industrial-grade tires, grab some popcorn, and look forward to watching you power right through them.
At Hippo Lending, we are much more than just a lender. Instead, we act as a trusted financial partner. We do this by offering you simple, flexible financing and fair terms. As your practice grows, we’ll be there down the road, to help address any new business needs.
Here are just a few of the ways that our Members use a Hippo Lending loan:
➢ Consolidating debt – This is one of the best ways to instantly give yourself a raise. It involves taking out a new lower-interest loan to pay off all of your high-interest debt. In one move, you can save yourself thousands of dollars in interest payments.
➢ Business development – Need new medical equipment? An office building? More staff? Hippo Lending is here to keep your business growing and thriving.
➢ Practice purchase – Just like Mark’s scenario up above, we’ve helped hundreds of professionals change their lives by buying an existing practice.
This all sounds great…but what does the process actually look like from start to finish?
How It Works
We know that you’re incredibly busy and don’t have time to fill out dozens of forms. This works out perfectly for us because we also don’t have the time to read through them. Due to this, we’re saving trees by cutting out the paperwork entirely. Instead, we let you apply online in a process that takes maybe 15 minutes (depending on how fast you type).
Hippo Lending offers loans anywhere from $15,000 -$500,000, payment terms of 3-10 years, as well as competitive rates.
We’ve gone above and beyond to simplify the lending process for healthcare professionals. In fact, the entire process can be broken down into just four steps:
- Customize your healthcare professional loans so that the loan amount, payment terms, and length all fit your budget.
- Share your information
- Get approved in just a few days
- Access your funds in as little as one week.
There’s never been a better time to buy your own healthcare practice. At Hippo Lending, we’re excited to provide healthcare professional loans that help remove any roadblocks that have been holding you back. We promise to do the best that we can to help you turn your dream into reality. Always remember, you’re just a few clicks away from a completely different future!
Get started on YOUR dream. Apply Today, and when you do, your own personal loan advocate will get in touch quickly and walk you through the process all the way to approval.