Dermatologist evaluating skin

HEALTHCARE SOLUTIONS

Dermatology Practice

Firstrust has the experience and industry knowledge required to help dermatology practices grow and expand. When you work with us, you have a dedicated Relationship Manager who will help you develop a solid financial strategy to take your practice to the next level.

Dermatology Practice

Healthcare Solutions

Check and coins icon

Checking & Savings Accounts

Variety of business accounts to meet your needs that includes debit cards and overdraft protection.

Learn More
Loan note with a money symbol

Loans & Lines of Credit

Access cash quickly to take advantage of business opportunities and manage cash flow during slow seasons.

Learn More
Healthcare cross with stethoscope

Equipment Financing

Purchase or lease equipment with our flexible financing options to stay ahead of the competition.

Learn More
Banker icon with charts and money symbol

Treasury Management

Improve your cash flow, maximize investments, lower costs and simplify your accounting.

Learn More

Commercial Mortgages

Own your own space or improve your current commercial property.

Learn More

Payment Navigator

Capabilities that make payment transactions quick, convenient and easy.

Learn More
Firstrust Bank Philadelphia

Financing For Healthcare Businesses

Contact a Relationship Manager

Dermatology Practice
Expansion Loans

Successful dermatology practices often outgrow their space and need to renovate and expand their facilities or construct new facilities. Firstrust Relationship Managers can work with you to structure an expansion loan that allows your practice to fulfill its growth potential.

Dermatologist using equipment
Dermatology equipment

Dermatology Practice
Lines of Credit

Dermatology practices sometimes experience temporary cash flow lags that can put a crimp in cash management. This is where a Firstrust business line of credit can come in handy. Once your line of credit is established, you can tap it to cover cash flow shortfalls, meet payroll or accomplish other financial objectives.

HEALTHCARE PRACTICES

Frequently Asked Questions

What types of Healthcare loans does Firstrust Bank offer?

The Healthcare industry can be complex and unique, thatā€™s why we offer business loans and lines of credit that come in all sorts of shapes and sizes. There is no one-size fits all approach at Firstrust Bank. We can customize your interest rates, fees, payment terms, and credit limits to your needs. We can even offer flexible plans that allow the terms of your loans to change as your business grows.

What tools should I use to run the day-to-day operations of my Healthcare Practice?

Having the right tools to run your day-to-day practice is critical to your success. These tools help your cash flow remain strong, provide a better patient experience and could add to your bottom-line. There are a variety of factors that go into knowing which products and services are the right fit for your practice. Your Relationship Manager will look at your business practices and recommend the right solutions.

Does Firstrust Bank offer competitive Healthcare Practice financial products?

We are happy to compare our programs to any of our competitors as not every financial institution matches the needs of every borrower. You should work with a bank that understands the healthcare industry and will offer you flexible financing terms as you grow your practice and move through different business life cycles.

ā€

Is historical performance or strong projections more important for Healthcare Practice financing?

Trick question! Both historical performance and projections are important, but they are only part of the story. We also want to get to know you and understand what makes your business tick.

ā€

Will I have a specific banker that deals with my accounts and everything related to it?

You will work one-on-one with your own Relationship Manager. And, depending on your need, they may need to bring in an expert from another department, but your Relationship Manager will be your quarterback and designated point person.

ā€

Can you show me how I would assess the health of my cash flow?

Relationship Managers are experts on analyzing the cash flow of a practice. They will be happy to walk you through the process.

ā€

Do you have experience working with other clients in my industry?

Yes, we have decades of experience working with clients in the healthcare industry. We know that each practice has unique needs and we can customize products and solutions to help you achieve your goals.

ā€

Can Firstrust Bank grow with my Healthcare Practice?

Many successful healthcare practices find themselves in growth mode. Whether it's upgrading a facility, adding staff, buying a building or acquiring another practice, most practice owners find themselves turning to a bank to help them obtain financing to invest in their expansion efforts.

ā€

DISCLOSURES:

ā€

All credit, terms and conditions are based upon individual review and approval.