Healthcare practice financing in Georgia

The citation column is what makes the rest of the table usable. Treat it as the starting map rather than advice, and have counsel confirm the structure before signing. Verified

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

Lending in Georgia concentrates in ATLANTA, $15.5 million over 29 approvals at $533,728 average, with the remaining cities thinner and slower to appraise. Verified

Only categories CMS certifies in Georgia get a row here. If a cell says not yet loaded, the pillar has not been pulled yet and no estimate is substituted. Verified

Fulton leads Georgia with 35 certified providers, ahead of GWINNETT at 29. Lenders read Fulton volume as a benchmark, so a practice elsewhere in Georgia carries more of the argument alone. Verified

Georgia shows 21,839 establishments in these fields against 274 approvals, 1.3 per 100. Set beside 21,839 establishments, 274 approvals is a thin slice of how capital actually moves here. Verified

Fulton holds 4,279 of the tracked Georgia establishments, the deepest single county on this list. Density decides whether a second location is bought or built, and the two carry different collateral. Verified

100,950 people work as registered nurses in Georgia, at a mean of $93,550. Staffing a new location is priced off that number, not a national one, and the difference shows up in month 6 of a ramp. Verified

Georgia carries 2,007 designations across primary care, dental, mental health, Fulton highest at 413. Shortage status reads on a credit file as demand evidence, not as a subsidy, and it supports the revenue case for a second site. Verified

• Dental offices: 29 approvals, $27.2 million, $938,114 average. A Georgia request near $938,114 sits inside the band 29 approvals already established.
• Veterinary practices: $1.5 million average across 13 Georgia approvals worth $20.1 million, so a request in that range reads as routine rather than exceptional.
• Physician and specialty offices: $391,965 on average, 49 approvals, $19.2 million in total. Match $391,965 and the timeline is ordinary; ask well above it and the Georgia diligence list lengthens.
• Physical, occupational, and speech therapy: 28 closings, $17.1 million approved, $609,050 typical. That average is the reference point a Georgia credit committee starts from on a similar file.
• Med spa and personal care: 29 closings, $12.7 million approved, $439,214 typical. That average is the reference point a Georgia credit committee starts from on a similar file.
• Residential care and treatment: average approval $1.1 million over 10 closings worth $11.0 million. At $1.1 million against $11.0 million of state volume, that is an equipment or fit-out request more often than an acquisition.
• Pharmacies: $10.8 million across 12 approvals, averaging $896,775. Above $896,775 the file needs collateral or trading history that most of those 12 Georgia borrowers did not have to show.
• Behavioral health and ABA: 30 Georgia approvals totaling $8.1 million, $269,233 each. With only 30 Georgia approvals behind $8.1 million, the underwriter reads documents rather than precedent.
• Medical staffing: $7.9 million over 18 approvals in Georgia, $441,111 each, which sets what a comparable request can be documented against.

• 29 of the Georgia approvals went to dental offices, 18 percent of the state's healthcare dollars at $938,114 each. The size of that average tells an owner which document set to gather first, and how long the review is likely to run.
• Veterinary practices account for 13 approvals and $20.1 million in Georgia, ahead of physician and specialty offices. Fields with regular volume have living comparables in the state, and that is what keeps an offer from being priced defensively.
• There are 1,822 medical equipment suppliers certified in Georgia. A funder treats that license as proof of billable revenue, which is precisely what a start-up cannot show.
• Real estate shows up as 24 504 approvals in Georgia. 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.

• 274 SBA approvals to Georgia healthcare borrowers in FY2025¹
• $154.6 million approved, averaging $564,090 per loan¹
• 2,883 CMS-certified providers across 5 categories²

• Healthcare AR line and payroll funding
• Partner buy-in, buy-out, and refinance
• Commercial real estate, owner-occupied
• Equipment financing and leasing
• Business line of credit
• Practice acquisition
• Startup and de novo

• Georgia Composite Medical Board, licensure and ownership questions for physicians
• Georgia Board of Dentistry, licensure and ownership questions for dentists
• No state loan repayment program, small-business lending program, or commercial financing disclosure regulator has been verified for Georgia from an official source

Also covered in Georgia: Conyers, Newnan, Snellville, Cumming, Tifton, Decatur, Griffin, Americus, Kennesaw, College Park, Thomasville, Stockbridge, Gainesville, Lilburn, Norcross, Dalton, Fayetteville, Valdosta, Dublin, Villa Rica, Riverdale, Tucker, Rome, Douglasville, Cartersville, Monroe, Cairo, Chamblee

• All states covered
• Every financing program
• Indiana healthcare practice financing, the nearest comparable record to this one
• Louisiana healthcare practice financing, if the practice operates across the line
• Michigan healthcare practice financing, where the same fields price differently
• Specialty physician groups, including what collections history is asked for
• Skilled nursing, assisted living, and memory care, including what collections history is asked for
• Mobile diagnostics, and the revenue mix a funder checks first
• Med spa and aesthetics, and where the collateral usually comes from
• Chiropractic, read on the terms that field is underwritten on
• Hormone, TRT, and men's health clinics, 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. 7Georgia corporate practice rules
8. 8Georgia certificate of need
9. 9Georgia Composite Medical Board
10. 10Georgia Board of Dentistry