Healthcare practice financing in Mississippi

The source column is the point of the table: each value traces to published Mississippi material. None of this substitutes for counsel reading the Mississippi operating documents themselves. Verified

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

Lending in Mississippi concentrates in OLIVE BRANCH, $5.0 million over 1 approvals at $5.0 million average, with the remaining cities thinner and slower to appraise. Verified

Where a Mississippi category is absent, CMS certifies nothing under it. A cell reading not yet loaded is a dataset still to be pulled, never a guess at the number. Directional

Hinds leads Mississippi with 11 certified providers, ahead of Harrison at 8. A partner already lending into Hinds has comparables to work from; outside the leading counties a practice is priced on its own history. Verified

Across the tracked fields Mississippi holds 4,809 establishments, the deepest being physician and specialty offices. Set beside 4,809 establishments, 39 approvals is a thin slice of how capital actually moves here. Verified

The census file puts Hinds at the top of Mississippi with 485 establishments. A lender pricing an acquisition looks for comparable sales nearby, and a thin county means the appraisal leans on a wider radius. Verified

OEWS puts 29,060 registered nurses in Mississippi at $77,090 mean. Wage level sets the working capital cushion a lender expects to see behind a hiring plan. Verified

The Mississippi file holds 948 designations, the heaviest of them in Hinds. Designated counties come with recruitment tools, so a hiring plan written around them holds together under a lender's ramp assumptions. Verified

• Physician and specialty offices: 5 approvals, $6.9 million, $1.4 million average. A Mississippi request near $1.4 million sits inside the band 5 approvals already established.
• Veterinary practices: 6 Mississippi approvals totaling $6.7 million, $1.1 million each. With only 6 Mississippi approvals behind $6.7 million, the underwriter reads documents rather than precedent.
• Pharmacies: 3 closings, $2.9 million approved, $973,333 typical. That average is the reference point a Mississippi credit committee starts from on a similar file.
• Other outpatient care centers: 1 closings, $1.6 million approved, $1.6 million typical. That average is the reference point a Mississippi credit committee starts from on a similar file.
• Med spa and personal care: $1.6 million across 4 approvals, averaging $393,125. Above $393,125 the file needs collateral or trading history that most of those 4 Mississippi borrowers did not have to show.
• Home health and hospice: $310,925 on average, 4 approvals, $1.2 million in total. Match $310,925 and the timeline is ordinary; ask well above it and the Mississippi diligence list lengthens.
• Medical staffing: average approval $531,850 over 2 closings worth $1.1 million. At $531,850 against $1.1 million of state volume, that is an equipment or fit-out request more often than an acquisition.
• Optometry offices: $834,500 across 2 approvals, averaging $417,250. Above $417,250 the file needs collateral or trading history that most of those 2 Mississippi borrowers did not have to show.
• Residential care and treatment: $754,000 over 2 approvals in Mississippi, $377,000 each, which sets what a comparable request can be documented against.

• The Mississippi record leans toward physician and specialty offices, which took $6.9 million across 5 approvals. When a field already carries this much local paper, the credit committee has something to compare against, and the conversation moves faster.
• Second by dollars is veterinary practices, $6.7 million over 6 approvals, with pharmacies behind it. Volume in a field is what turns a projection into a comparable, and it is the reason two identical requests price differently in Mississippi.
• 574 medical equipment suppliers operate under CMS certification in Mississippi. Buying one of them is a different transaction from applying for a new certification, and only the first can be underwritten on existing collections.
• Of the Mississippi approvals, 1 came through the 504 debenture structure. That is the owner-occupied real estate route, so the count marks practices that bought rather than leased, and it sets expectations on appraisal and timeline for anyone following them.

• 39 SBA approvals to Mississippi healthcare borrowers in FY2025¹
• $25.6 million approved, averaging $656,887 per loan¹
• 865 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

• Mississippi State Loan Repayment Program, the state loan repayment route for clinicians recruited into shortage areas
• Mississippi State Board of Medical Licensure, licensure and ownership questions for physicians
• Mississippi State Board of Dental Examiners, licensure and ownership questions for dentists

Also covered in Mississippi: Greenwood, Southaven, Brookhaven, McComb, Canton, Hattiesburg, Pascagoula, Vicksburg, Olive Branch, Gulfport, Brandon, Picayune, Biloxi, Flowood, Ridgeland, Pearl, Clinton, Madison, Moss Point, Hernando, Ocean Springs, Horn Lake, Gautier, Petal, Byram, Long Beach

• All states covered
• Every financing program
• Nevada healthcare practice financing, the nearest comparable record to this one
• New York healthcare practice financing, for a side-by-side on rules and loan volume
• Oregon healthcare practice financing, where the same fields price differently
• Medical billing and RCM companies, with the payer profile behind the numbers
• Telehealth and virtual clinics, with the capital events that field actually runs
• Medical transcription, coding, and credentialing services, and the revenue mix a funder checks first
• Plastic and cosmetic surgery, with the capital events that field actually runs
• Fertility and IVF, with the capital events that field actually runs
• Concierge and direct primary care, with the payer profile behind the numbers

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. 7Mississippi corporate practice rules
8. 8Mississippi certificate of need
9. 9Mississippi State Loan Repayment Program
10. 10Mississippi State Board of Medical Licensure
11. 11Mississippi State Board of Dental Examiners