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SBA Community Advantage: Medical Director Rules
If a start-up business needs a medical director, the eligibility for an SBA loan can really depend on how that relationship is set up. We often see med spas, IV hydration clinics, health care centers, and weight-loss practices getting turned down for SBA financing — not due to credit issues or cash flow problems, but because the medical director is seen as a key management employee who won’t back the loan. With the right set-up, many of these businesses can actually qualify for SBA 7(a) Community Advantage loans. This guide walks businesses through what the SBA looks for and how to steer clear of common mistakes.
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