(800) 949-0401 Apply NowPhysical therapy practices that invest in the right equipment, staff, and space consistently outperform those that hold back - and the right financing makes that investment accessible today.
Physical therapy is one of the fastest-growing healthcare sectors in the United States. With an aging population driving demand for rehabilitation services, the Bureau of Labor Statistics projects a 17% growth rate for physical therapist employment through 2031 - far above the national average. Yet despite robust demand, PT practice owners face a persistent challenge: capital-intensive operations with delayed reimbursement cycles.
Insurance reimbursements from Medicare, Medicaid, and private payors often take 30 to 90 days to arrive. During that window, your practice still needs to pay staff, cover rent, maintain equipment, and keep supplies stocked. A business line of credit can bridge that gap efficiently, keeping operations smooth while you wait for reimbursement.
Beyond cash flow, physical therapy practices face major capital expenditure needs. A single ultrasound therapy unit costs $5,000 to $15,000. A full set of exercise equipment for a new clinic bay can run $30,000 to $80,000. Expanding into a second location typically requires $100,000 to $300,000 in upfront investment. Without access to the right financing, these growth opportunities slip away to better-capitalized competitors.
According to the Small Business Administration, healthcare practices rank among the most financially underserved small businesses in the country - yet they also have some of the strongest fundamentals for loan repayment, given their recurring revenue and high patient retention.
Crestmont Capital offers physical therapy practices a full menu of financing options. Each product is designed to solve a specific operational or growth challenge.
Your therapy equipment is the engine of your practice. From electrotherapy units and ultrasound machines to parallel bars, treadmills, and hydrotherapy pools, the right equipment directly affects patient outcomes and throughput. Equipment financing lets you acquire what you need now and pay over time, often with the equipment itself serving as collateral - making approval faster and rates more favorable.
Small business loans provide a lump sum for larger one-time needs: opening a new location, renovating a facility, hiring a cohort of new therapists, or acquiring a competing practice. Term loans from Crestmont Capital range from $10,000 to $5,000,000 with repayment periods up to 5 years.
Unsecured working capital loans are ideal for PT practices dealing with insurance reimbursement delays, seasonal fluctuations, or unexpected operating expenses. No collateral required - approval is based primarily on your practice's revenue history.
SBA loans offer the most favorable long-term rates for qualified practices. SBA 7(a) loans up to $5,000,000 and SBA 504 loans for real estate and equipment purchases can dramatically reduce your long-term cost of capital. The application process is more involved, but Crestmont Capital guides you through every step.
A revolving business line of credit is the most flexible tool in your financing arsenal. Draw funds when you need them, repay as reimbursements arrive, and only pay interest on what you use. Ideal for managing the cash flow gaps that come with insurance billing cycles.
Physical therapy practices across the U.S. trust Crestmont Capital for fast, flexible financing. Tell us what you need and we will find the right fit.
Apply Now - Free, No ObligationMost established physical therapy practices qualify for at least one financing product. Here are the typical eligibility requirements across our most popular programs:
| Financing Type | Min. Time in Business | Min. Monthly Revenue | Credit Score | Collateral |
|---|---|---|---|---|
| Working Capital Loan | 6 months | $15,000 | 550+ | None required |
| Equipment Financing | 1 year | $10,000 | 580+ | Equipment only |
| Small Business Loan | 1 year | $20,000 | 600+ | Varies |
| Business Line of Credit | 1 year | $15,000 | 600+ | None required |
| SBA 7(a) Loan | 2 years | $25,000 | 650+ | Business assets |
| SBA 504 Loan | 2 years | $30,000 | 680+ | Real estate/equipment |
Crestmont Capital has streamlined the application process so you can spend time treating patients, not filling out paperwork.
A physical therapist with 12 years of experience decided to open her second clinic location in a rapidly growing suburb. She needed $185,000 to cover leasehold improvements, therapy equipment, and 3 months of operating capital while building her patient base. Crestmont Capital structured a small business term loan at a competitive rate over 48 months, keeping monthly payments manageable at $4,800. Within 18 months, the new location was generating $28,000 per month in revenue - a strong return on investment.
A 3-location PT group in the Pacific Northwest wanted to differentiate by specializing in sports rehabilitation. They needed $75,000 to purchase blood flow restriction therapy equipment, advanced isokinetic testing machines, and upgraded exercise equipment. Through Crestmont Capital's equipment financing program, they secured the full $75,000 over 36 months with the equipment as collateral. The sports rehab specialty increased their average revenue per patient visit by 22%.
A solo practitioner in rural Georgia was owed $62,000 from Medicare and private insurers but faced a $35,000 payroll obligation in 10 days. Rather than dip into personal savings, he accessed Crestmont Capital's unsecured working capital loan within 24 hours. He borrowed $40,000, covered payroll, and repaid the loan when his reimbursements cleared 45 days later - paying only the interest for that period.
A physical therapy director at a hospital system wanted to acquire an independent PT practice that was coming up for sale at $420,000. She used an SBA 7(a) loan from Crestmont Capital to finance 85% of the acquisition, putting just $63,000 down. The acquired practice generated $580,000 annually, making the SBA loan payments of $5,200 per month highly manageable.
New equipment, a second location, better staff - let Crestmont Capital help you get there faster.
Get My Free Quote| Product | Loan Amount | Repayment Term | Speed to Fund | Best Use Case |
|---|---|---|---|---|
| Working Capital Loan | $10K - $500K | 3 - 24 months | Same day - 48 hrs | Cash flow gaps, payroll |
| Equipment Financing | $5K - $2M | 12 - 60 months | 2 - 5 days | Therapy equipment |
| Business Line of Credit | $10K - $250K | Revolving | 3 - 7 days | Ongoing cash flow management |
| Term Loan | $25K - $5M | 12 - 60 months | 3 - 7 days | Expansion, renovation |
| SBA 7(a) | Up to $5M | Up to 10 years | 2 - 8 weeks | Acquisitions, large expansion |
| SBA 504 | Up to $5.5M | Up to 25 years | 4 - 12 weeks | Real estate, major equipment |
Sources: BLS Occupational Outlook Handbook, IBIS World Industry Reports
Crestmont Capital is not a generic lender. We specialize in healthcare practice financing and understand the unique cash flow dynamics, reimbursement timelines, and growth patterns of physical therapy businesses.
Read more about our approach to small business financing or explore fast business loans if timing is critical for your practice right now. You can also learn about our SBA loan programs for the most cost-effective long-term capital.
Apply in 10 minutes and get a decision today. No obligation, no hard credit pull to start.
Start My ApplicationDisclaimer: The information provided on this page is for general educational purposes only and is not financial, legal, or tax advice. Funding terms, qualifications, and product availability may vary and are subject to change without notice. Crestmont Capital does not guarantee approval, rates, or specific outcomes. For personalized information about your business funding options, contact our team directly.
