A practice owner can call Redpark Lenders at (662) 445-7556 or send the request form, and a funding partner looks the request over and makes any offer itself.
A chiropractic, physical therapy or optometry office in Columbus, MS can finance tables, modality units, imaging and exam lanes as equipment, cover payroll and software on working capital or a line, and price the purchase of an existing practice as a term loan. Changes to the rooms or the building are not funded through this site.
At a glance
- Offices of other health practitioners, Lowndes County, MS
43 employer establishments (CBP 2023, NAICS 6213)
- Offices below five employees
25, a 58.1% share (CBP 2023)
- Employer offices at a ZIP 39701 address
9 (ZIP Code Business Patterns 2023)
- Offices in this code with no paid employees
54 (Nonemployer Statistics 2024)
Optometry practice loans in Columbus, MS: exam lanes, frame displays and practice purchases
An optometry office sits in the same Census code as a chiropractor or a physical therapist: NAICS 6213, offices of other health practitioners. Its equipment list looks nothing like theirs, though. An exam lane means a chair and stand, a phoropter and a slit lamp, and the office may add retinal imaging, a visual field analyzer, frame boards and display cases for the optical.
Each lane can be financed as equipment, and frames and lens stock ordered for the optical count as inventory. Buying an established optometry practice is a business purchase: the patient records, the equipment, the frame stock and the name, priced as a term loan that pays out at closing.
If the seller also owns the office building, that property changes hands in its own deal, apart from anything Redpark Lenders arranges.
Chiropractic equipment financing for Lowndes County, MS: drop tables, decompression units and digital X-ray
A chiropractic office's equipment quote can list drop tables, a flexion-distraction table, a spinal decompression unit, an electrical stimulation unit, therapeutic ultrasound and a digital X-ray system with its software.
Equipment financing pays the vendor, and the office pays the cost back over a set term with the table or the unit as collateral. Shielding, wiring or other changes to the room an X-ray unit stands in are work on the building, and that work stays outside this site.
Illustration only, invented figures: a decompression unit at $24,500 and two drop tables at $6,200 apiece come to $36,900. Spread over 60 months at a 9.75% annual rate, that is $779.48 a month; across the whole term the office pays $46,768.80, and $9,868.80 of that is interest.
Chiropractic business loans for Lowndes County, MS: clinic purchases, EHR software and staff
A chiropractor buying an existing clinic pays for its patient records, its tables and modalities, its EHR and scheduling systems and the right to keep its name and phone number. A term loan can carry that price, and a partner may ask for the seller's tax returns, visit counts and payer mix before it decides.
EHR software, billing services and the first pay periods of a hire are running costs, not equipment. A working capital loan suits one larger need of that kind, and a line of credit can be drawn when payroll comes due before claim payments arrive.
Fewer than five people worked at 25 of the 43 employer offices in this code in Lowndes County, MS, a 58.1% share in the County Business Patterns count for 2023 (NAICS 6213).
How a Lowndes County, MS chiropractic or therapy office can pay for treatment tables, modalities and imaging
- Treatment tables and modality units with a vendor quote: equipment financing.
- Digital X-ray or diagnostic ultrasound: equipment financing, priced with the software and the service contract.
- Braces, supports and other products the office sells: inventory financing.
- Payroll while claims are processed: a working capital loan or a credit line.
- Buying out a retiring partner: a term loan with one payout.
A merchant cash advance can draw on any card payment taken at the front desk, whether for a copay, a self-pay visit or a product sold there. Insurer payments sit outside its reach, which leaves that product a poor match for an office paid mainly by claims.
ZIP Code Business Patterns lists 9 employer offices in NAICS 6213 with a ZIP 39701 address for 2023.
Funding parallel bars, treadmills and therapy tables in Columbus, MS
A physical therapy (PT) clinic's floor holds parallel bars, treadmills and recumbent bikes, cable columns, high-low therapy tables and a hydrocollator for hot packs. These are equipment purchases, and a partner can finance items from several vendors as one package.
Together, the 43 employer offices in this code paid $14 million in wages across the county for 2023 (CBP). That sum covers every office at once and says nothing about the payroll of a single practice.
Nonemployer Statistics for 2024 list 54 businesses in NAICS 6213 in Lowndes County, MS with no paid employees.
Physician offices have a page of their own, and the industries page sets therapy offices beside pharmacies and the other trades. The Columbus, MS page carries this code in its table of local business counts.
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