Industry

Chiropractor Office Loans

We can help you get an SBA loan to buy new equipment, build out your office or expand to other locations.

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It’s a real challenge building and growing a chiropractic office

Managing a chiropractic practice can feel like a balancing act. The biggest challenge? Cash flow. Between delayed insurance reimbursements, late client payments, and the constant need to upgrade equipment, chiropractors often find themselves scrambling to cover costs like rent and staff salaries. Insurance claims can take weeks, sometimes even months, to process, creating a financial gap that can be difficult to bridge. On top of that, essential equipment like tables, software, and x-ray machines constantly need updating, and rising commercial real estate costs only add to the burden.

Despite these financial hurdles, demand for chiropractic services is at an all-time high. There’s a significant opportunity for growth—whether through acquiring new practices, buying out partners, consolidating debt, or building new offices. But how do you fund these opportunities?

SBA Loan for Chiropractor Office Financing and Funding

The huge growth trend in chiropractic services

Fortunately, the chiropractic industry is on a positive trajectory, driven by two key trends:

Chiropractic care is gaining mainstream acceptance, attracting a broader audience.
A surge in the chiropractic market now shows a very high 25% growth in revenue annually.

While the growth opportunities are vast, many chiropractors face obstacles due to limited access to capital. This is where SBA loans come in. Supported by the U.S. government, SBA loans provide affordable and flexible financing options for chiropractors looking to grow their practice. There are two main options: SBA 7a loans for short-term expenses like working capital, and SBA 504 loans for long-term needs such as real estate or large equipment purchases.

SBA loan funds can be used for almost any aspect of your chiropractic business, whether you need working capital, new equipment, marketing support, or improvements to your office. We’re also here to help you put together a loan package if you’re looking to buy out a partner, purchase an existing practice, or even build a brand-new office to keep up with growing demand. First Bank of the Lake has financed numerous chiropractic offices and we understand your specific needs and are committed to finding the best solution. In fact, we’ve provided over $1.1 billion in SBA loans, helping businesses like yours grow and thrive.

The Numbers

in Loans 2024

Largest SBA Lender^

Small Businesses Helped 2020-2024

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What Type of Loan?

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The First Bank of the Lake rep and I bonded over faith, fishing and finance. They got my loan done in under 30 days in very, very trying circumstances.

Issac Reed
President, Reed’s Moving Services

If we ever need business capital, my first call would be to First Bank of the Lake. Why would I look elsewhere?

Barry Norfleet
Co-founder, Lifetime Green Coatings - Kentucky