Lodgehollow Funding Group arranges funding requests for chiropractors, physical therapists, optometrists and other health practitioners in New Bern, NC and Craven County. These practices can mix cash-pay and insurance revenue and use specialized equipment. This page covers equipment financing, working capital and lines of credit, with County Business Patterns 2023 figures for local practices.
| Chiropractic, therapy and optometry employers, Craven County, NC | 48 employers (CBP 2023) |
|---|---|
| Under five employees | 24, or 50.0% |
| Employees at those offices | 277 (CBP 2023) |
| Listed in ZIP 28560 | 10 (ZBP 2023) |
| No-payroll practitioner offices | 173 (NES 2024) |
Specialty Equipment and Mixed Revenue
Chiropractic, physical therapy, occupational therapy, optometry, podiatry and similar practices tend to share a few features: equipment specific to the specialty and a front desk. Revenue can be a mix of insurance claims, which pay after processing, and cash-pay patients or packages, which pay up front. Optometry adds a retail side: frames and lenses held as inventory.
The mix matters for funding. A practice with more cash-pay revenue shows steadier deposits; one weighted toward insurance has a receivables lag to manage.
Chiropractic Equipment Financing
Adjusting and drop tables, decompression units, X-ray equipment, therapy modalities and practice software are financed through equipment loans or leases. Business loans for a chiropractic practice can start with a table or an imaging upgrade.
Illustrative example only: a decompression table quoted at $26,000 with $3,000 down leaves $23,000 to finance. If cash-pay treatment packages are sold for that service, the number of packages needed each month to cover the payment is a useful check before buying.
Physical Therapy Business Loans
Physical therapy practices finance treatment tables, parallel bars, exercise and aquatic equipment, and space build-outs. Business loans for a physical therapy practice opening a second clinic are usually term requests; equipment for that clinic is financed separately. Insurance timing can be a bigger issue for therapy practices, and working capital repaid from claim payments bridges it.
Optometry Business Loans and Equipment Financing
Optometry equipment financing covers exam lanes, phoropters, retinal cameras, OCT scanners and edgers. Frame and lens inventory can be financed or covered by a line of credit. Optometry business loans for a practice purchase or a new location follow the term-loan path, reviewed on the practice's history.
Business Loans for Physical Therapy Practices Adding Space
Therapy practices grow by adding treatment space, a gym area or a second clinic. The build-out is a term request reviewed on the existing clinic's cash flow; the equipment is financed separately. Because therapy is scheduled in repeated visits, a practice can show partners its visit counts and cancellation rate, which explain revenue better than a single month's deposits.
Optometrists adding a second location face a similar split, with the added question of frame inventory for the new optical.
Therapy and Optometry Offices Counted in Craven County, NC
County Business Patterns counted 48 offices of other health practitioners (chiropractors, physical, occupational and speech therapists, optometrists and others) with employees in Craven County in 2023. They employed 277 people with $13.8 million in annual payroll, and half of them, 24, had fewer than five employees. Ten had a ZIP 28560 address (ZIP Code Business Patterns 2023).
Nonemployer Statistics counted 173 no-payroll offices of other health practitioners in the county in 2024, a separate program and year. These are firms that report no paid employees; the count is a separate series and is not compared with the employer count.
Cash-Pay Packages and Memberships
Some chiropractors and therapists sell treatment packages or monthly memberships paid in advance. That money arrives before the care is delivered, which helps cash flow but is a commitment to future visits. Partners may ask how much prepaid care is outstanding. Keeping a simple record of packages sold and visits used makes that question easy to answer.
What Partners Review
- Bank statements showing cash-pay and insurance deposits
- Receivables aging by payer, for insurance-heavy practices
- Vendor quotes listing model numbers and options
- The lease the practice operates under now
- Existing equipment payments
Related Health Care Pages
Physician offices are covered on the medical practice page and dentists on the dental practice page. The New Bern, NC data page shows the county's health care sector as a whole.
By Lodgehollow Funding Group · Updated