Coralpoint Commercial Capital, a small-business funding service in Titusville, FL, looks at funding for optometry and chiropractic practices in Brevard County, FL: equipment for exam lanes and treatment rooms, buying an existing practice, frame inventory, and covering payroll while insurer payments are pending.
Small practices, mostly
Optometrists and chiropractors fall in the Census category 'offices of other health practitioners', together with physical, occupational and speech therapists. Brevard County, FL counted 453 such offices with employees in 2023, and 68.9% had fewer than five employees; 12 had a ZIP 32796 address (County Business Patterns 2023; ZIP Business Patterns 2023). Another 1,454 practiced without payroll in 2024 (Nonemployer Statistics 2024).
Optometry business loans: lanes, imaging and frames
An optometry practice has two sides. The clinical side needs exam lanes, refraction equipment, retinal imaging and visual field testers. The optical side needs frames, lenses and sometimes an edger. Equipment can be financed with the equipment as collateral; frame stock fits inventory financing or a line of credit.
How to finance medical equipment for a chiropractic office
Chiropractic practices finance adjusting and decompression tables, X-ray equipment and rehab gear. Equipment financing pays the vendor and you repay over a set term. Bring the vendor quote and recent statements. For technology that changes quickly, compare a lease with a purchase.
How much does it cost to buy an optometry practice?
There is no local figure for that, and Coralpoint will not guess one. The price depends on the practice's revenue and profit, its patient base, the equipment and inventory included, the lease and how the deal is structured. What is predictable is the shape of the funding: a term loan for the purchase price, sometimes separate equipment financing, and working capital for the first months after the handover.
Partners reviewing a purchase may ask for the seller's tax returns and financial statements, the patient count, the equipment list, the lease and the purchase agreement.
Do you have to be a chiropractor to own a chiropractic office?
That is a legal question, and the answer depends on state rules about who may own a health care practice. Ask a Florida attorney before structuring a purchase.
Payroll while insurers pay
Practices that bill insurers wait for claims to be processed. If that wait grows, for example after adding a new payer, working capital or a line of credit covers payroll. Partners look at receivables aging and the payer mix.
A worked example, labeled hypothetical
An optometrist adding a second exam lane budgets $22,600 for equipment and $6,800 for additional frame stock. The equipment could be financed on its own, with the frames on a line. These figures are invented to show how one project can split into two structures; they are not typical prices or offers.
Related pages
The chiropractic, therapy and optometry practices page summarizes funding for these practices. More worked cases are on the Coralpoint blog.
By Coralpoint Commercial Capital · Updated