Coralpoint Commercial Capital, a small-business funding service in Titusville, FL, arranges funding for physician and dental practices in Brevard County, FL: equipment financing for chairs and imaging, term loans for build-outs and practice purchases, and working capital while insurer payments are pending. A funding partner reviews each request and decides.
| Offices of physicians (2023) | 511 in Brevard County, FL |
|---|---|
| Offices of dentists (2023) | 249 |
| ZIP 32796 physician practices | 23 |
| Dental offices in ZIP 32796 | 10 |
Space Coast doctors' and dentists' offices in Census counts
Brevard County, FL counted 511 offices of physicians and 249 offices of dentists with employees in 2023 (County Business Patterns 2023). Physician offices employed 5,778 people with $505.2 million in annual payroll; dental offices employed 1,928 with $119.5 million. A smaller share of dental offices had fewer than five employees: 82 of the 249, compared with 257 of the 511 physician offices.
ZIP 32796 held 23 physician offices and 10 dental offices (ZIP Business Patterns 2023), and health care and social assistance was the ZIP's largest sector. The county also had 589 physician and 97 dental practices with no payroll in 2024 (Nonemployer Statistics 2024), counted separately.
The practice cash cycle
Patients may pay copays at the visit, while a share of revenue arrives later from insurers, after claims are processed. Payroll, rent, supplies and equipment payments run on a fixed schedule regardless. Large costs are periodic: an added operatory, a new imaging system, a build-out for a second location, or the purchase of a retiring practitioner's practice.
Medical practice equipment financing
Dental chairs and delivery units, digital X-ray and panoramic imaging, sterilization equipment, exam tables and diagnostic devices are examples of what a practice might finance. Partners finance them with the equipment as collateral and usually want the vendor quote. A practice can choose between a purchase and a lease depending on how fast the technology changes; the equipment financing page compares the two.
Dental practice loans for build-outs and purchases
A term loan fits a build-out, a move or buying an existing practice. For a purchase, partners review the seller's financial records, the patient base and the buyer's clinical and business history. For a build-out, they look at contractor bids and how the practice will keep revenue going during construction.
Illustrative only: a dental practice budgets $47,300 to add an operatory, split between build-out and a chair and imaging package. The equipment might be financed separately and the build-out through a term loan. These figures are invented and are not a typical request or offer.
Business loans for medical practice payroll
When insurer payments lag, working capital or a line of credit covers payroll. The key question is whether the delay is temporary, such as a billing system change or a new payer, or structural.
What partners review for medical and dental practices
- Operating-account statements and the practice's own financials
- Which insurers pay, and how old the unpaid claims are
- Vendor quotes or contractor bids for the build-out
- Time in practice and annual revenue
- For a purchase, the practice's records and the purchase agreement
Related pages
Chiropractors, therapists and optometrists have their own page: chiropractic, therapy and optometry practices. Local figures are on the Titusville, FL page.
Questions to settle before financing equipment
- Lease or buy, given how fast the technology changes?
- Does the quote include installation, training and software?
- Will the equipment add billable procedures, and how soon?
- Should the build-out and the equipment be funded separately?
Other health businesses appear on the industries page.
By Coralpoint Commercial Capital · Updated