A veterinary practice with $20,000+/month in average deposits and a 500+ FICO can access $25,000 to $500,000 via merchant cash advance. Decisions come back in 2–4 hours; funding deposits in 24–48 hours. Repayment is a daily holdback percentage (typically 8–15%) from bank deposits — no fixed monthly payment, no equipment collateral, no real estate pledge.
Why Veterinary Practices Are Strong MCA Candidates
Veterinary practices have one of the strongest revenue profiles in the healthcare sector from an MCA underwriting perspective. Here's why:
- Daily card volume: Most vet clinics collect payment at the point of service — daily credit/debit card deposits are consistent and predictable
- High average ticket: Average vet visit is $250–$500+; emergency/specialty visits often $1,000–$5,000
- Essential service demand: Pet ownership is at all-time highs; the industry is relatively recession-resistant
- Low NSF risk: Card-present transactions deposit cleanly with no return risk
These factors translate to lower factor rates and faster approvals compared to many other industries. Established vet practices with 3+ years of operating history and clean deposits are among the most fundable businesses in our portfolio.
Funding Ranges by Practice Size
| Practice Type | Est. Monthly Deposits | Typical MCA Range | Factor Rate |
|---|---|---|---|
| Solo vet, single location | $30,000–$60,000 | $25,000–$80,000 | 1.15–1.28 |
| 2-vet practice | $60,000–$120,000 | $60,000–$160,000 | 1.13–1.24 |
| Multi-vet clinic (3–5 DVMs) | $120,000–$250,000 | $120,000–$320,000 | 1.12–1.22 |
| Emergency/specialty hospital | $250,000+ | $200,000–$500,000 | 1.10–1.20 |
How Veterinary Practices Use Working Capital
MCA vs. Equipment Financing for Vet Clinics
The two most common vet clinic funding tools have different best uses:
- Working capital and cash flow
- Multiple simultaneous expenses
- Payroll coverage
- Pharmaceutical inventory
- Marketing campaigns
- Bridge while SBA closes
- Need funds in 48 hours
- Single large equipment purchase ($50K+)
- Want lower total cost (secured)
- Can wait 2–4 weeks for approval
- Prefer fixed monthly payment
- Equipment useful as collateral
Many vet practices use both: equipment financing for the $120,000 digital X-ray system, and MCA for the $45,000 cash flow gap while the practice adjusts to the higher capacity.
Qualification Requirements
How to Apply
- Submit 6 consecutive months of business bank statements (PDFs — not screenshots)
- Complete the short application: practice name, EIN, number of DVMs, estimated monthly revenue
- Receive offer within 2–4 hours with specific amount, factor rate, and holdback percentage
- E-sign and receive ACH deposit in 24–48 hours
Fund Your Veterinary Practice Today
No collateral. No hard pull during initial review. 500 FICO minimum. Decision in hours.
Check My Rate — 10 MinutesFrequently Asked Questions
- Can a newly acquired vet practice get an MCA?
- If the practice has been in operation for at least 6 months under the current ownership with business bank statements, yes. If it was acquired very recently and bank history is under the new entity, you may need to wait until 6 months of statements are available. The prior owner's history does not transfer.
- My vet practice has student loan debt from vet school. Does that affect MCA?
- Personal student loans appear on your personal credit report and affect your personal FICO. MCA underwriting uses your personal FICO as one input — but business deposit history carries more weight. Student loan debt is not a disqualifier as long as your personal credit isn't showing derogatory marks and your business deposits are healthy.
- Does insurance reimbursement income count as deposits?
- Yes. Any revenue deposited into your business checking account counts — client direct payments, credit card batches, and insurance/pet insurance reimbursements all factor into the deposit average. Separate insurance reimbursement accounts should also be submitted if relevant.
- Can I use MCA alongside an existing SBA loan?
- Yes — MCA and SBA loans coexist. MCA is a purchase of receivables, not a loan, so it doesn't violate most SBA covenants (but review your SBA agreement with your lender). The combined debt service will be factored into MCA underwriting — very high existing obligations relative to revenue will reduce available advance amounts.