Healthcare practice financing in Florida

Each value carries the Florida authority that published it. Everything else is a summary of official Florida material, and a specific structure still needs a lawyer's read. Verified

Source: SBA 7(a) and 504 approval files, fiscal year 2025. Verified

The largest county file in Florida is MIAMI: 51 approvals worth $26.5 million. Away from it, expect fewer local comparables and a longer credit memo. Verified

Absent categories are ones CMS does not certify in Florida. Where a dataset is still to be pulled, the table says so and nothing is inferred in its place. Verified

Miami-Dade leads Florida with 75 certified providers, ahead of Broward at 54. Where certification clusters, credit files move on precedent; away from the cluster they move on documents. Verified

The employer base in Florida runs to 56,676 establishments, 18,040 of them physician and specialty offices. Compare the 789 approvals and the ratio lands at 1.4 per 100, which frames how unusual a guaranteed loan is locally. Verified

The census file puts Miami-Dade at the top of Florida with 9,663 establishments. A dense county gives a buyer choice and a lender comparables; a sparse one gives neither, and the timeline stretches. Verified

The deepest Florida occupation on this table is registered nurses: 229,940 employed, $84,190 mean. Underwriters test a staffing forecast against the local mean before they credit the revenue it is supposed to produce. Verified

HRSA designates 8,706 shortages in Florida, led by Miami-Dade. Where a county is designated, hiring incentives exist that a recruiter can use, and a ramp schedule stops depending on an assumption. Verified

• Physician and specialty offices: $93.3 million over 134 approvals in Florida, $696,612 each, which sets what a comparable request can be documented against.
• Veterinary practices: $72.6 million across 49 approvals, averaging $1.5 million. Above $1.5 million the file needs collateral or trading history that most of those 49 Florida borrowers did not have to show.
• Dental offices: $71.0 million over 86 approvals in Florida, $825,867 each, which sets what a comparable request can be documented against.
• Residential care and treatment: $1.4 million on average, 45 approvals, $63.6 million in total. Match $1.4 million and the timeline is ordinary; ask well above it and the Florida diligence list lengthens.
• Med spa and personal care: $492,286 average across 90 Florida approvals worth $44.3 million, so a request in that range reads as routine rather than exceptional.
• Home health and hospice: average approval $478,646 over 80 closings worth $38.3 million. At $478,646 against $38.3 million of state volume, that is an equipment or fit-out request more often than an acquisition.
• Behavioral health and ABA: 69 closings, $29.9 million approved, $433,688 typical. That average is the reference point a Florida credit committee starts from on a similar file.
• Chiropractic offices: $310,360 average across 65 Florida approvals worth $20.2 million, so a request in that range reads as routine rather than exceptional.
• Medical staffing: $461,110 on average, 30 approvals, $13.8 million in total. Match $461,110 and the timeline is ordinary; ask well above it and the Florida diligence list lengthens.

• physician and specialty offices carry 18 percent of the Florida healthcare loan dollars, 134 approvals averaging $696,612. A request in that range reads as ordinary to a credit committee, which shortens the questions asked before terms are quoted.
• Behind the leader, Florida shows 49 approvals in veterinary practices and 86 in dental offices. A funder with local paper in a field underwrites it on precedent; without precedent it underwrites on documents.
• There are 4,031 medical equipment suppliers certified in Florida. That number decides whether growth capital here funds an acquisition of an existing license or a slower application, and the two look nothing alike on a cash-flow schedule.
• Of the Florida approvals, 99 came through the 504 debenture structure. Because 504 is the owner-occupied real estate route, the number separates practices buying space from practices funding operations, and the two run on different timelines.

• 789 SBA approvals to Florida healthcare borrowers in FY2025¹
• $516.8 million approved, averaging $654,951 per loan¹
• 6,254 CMS-certified providers across 5 categories²

• Healthcare AR line and payroll funding
• Partner buy-in, buy-out, and refinance
• Commercial real estate, owner-occupied
• Expansion, relocation, and build-out
• Medical receivables factoring
• SBA 7(a) and 504
• Working capital term loan

• Florida Board of Medicine, licensure and ownership questions for physicians
• Florida Board of Dentistry, licensure and ownership questions for dentists
• Nothing official was confirmed for Florida on repayment support, state lending, or financing disclosure oversight

Also covered in Florida: Oviedo, Weston, Aventura, Coconut Creek, Lake Wales, Lauderdale Lakes, Lauderhill, Cutler Bay, Leesburg, Palm Springs, Tarpon Springs, Fort Walton Beach, Ocoee, Dunedin, Miami Lakes, Lantana, South Miami, Palatka, New Port Richey, Hallandale Beach, Cocoa Beach, Riviera Beach, Winter Garden, Niceville, Marathon, Vero Beach, Hialeah Gardens, Clermont

• All states covered
• Every financing program
• Illinois healthcare practice financing, the nearest comparable record to this one
• Kentucky healthcare practice financing, if the practice operates across the line
• Massachusetts healthcare practice financing, the nearest comparable record to this one
• Hair restoration, and where the collateral usually comes from
• Ketamine, TMS, and interventional psychiatry, read on the terms that field is underwritten on
• Hospice and palliative, read on the terms that field is underwritten on
• Behavioral and mental health group practices, with the payer profile behind the numbers
• Primary care and family medicine, with the payer profile behind the numbers
• NEMT and ambulance, read on the terms that field is underwritten on

1. 1SBA 7(a) and 504 approvals, FY2025
2. 2CMS provider certification files
3. 3NPPES provider registry
4. 4County Business Patterns 2022
5. 5BLS Occupational Employment and Wage Statistics, OEWS 2025
6. 6HRSA health professional shortage area file
7. 7Florida corporate practice rules
8. 8Florida certificate of need
9. 9Florida Board of Medicine
10. 10Florida Board of Dentistry