By Collaborating Docs
Grants (General):
- Up to $4,000 for NASE members.
- Four winners quarterly, minimum three-month membership required.
Hello Alice’s American Dream Awards:
- Open until April 30, 2024.
- For-profit US small businesses.
- Nominate online to receive application email.
- Grants $500/month along with a business strategy session.
- Includes Freed Studio membership and $2,500 year-end grant.
- Non-selected applicants receive business growth recommendations.
Grants (Women-Owned):
- Funding platform for women-owned businesses.
- Provides access to capital, coaching, and connections.
Cartier Women’s Initiative Regional Awards:
- Fellowship for women-led businesses with positive impact.
- Applications open May 22, 2024.
- Rigorous process, winners receive up to $100,000.
- Micro-fund for women and underrepresented founders.
- Rolling applications, committee meets every 6 months.
- Awards up to $50,000 for pre-seed businesses.
HerSuiteSpot’s HerRise Micro-Grant:
- Monthly grants for businesses 51% owned by women of color.
- Non-profits, franchise, direct seller, authorized reseller, and independent consultants not eligible.
- Grants $25,000 to 25 mom-preneurs.
- Open to CEOs/Owners of small businesses (<$5M revenue, 2-50 employees).
- Pre-register now or apply in March 2024.
Local Resources for Grants:
Chamber of Commerce:
- Supports local businesses with information on available grants.
Small Business Development Center (SBDC):
- Provides services addressing entrepreneurship and business management.
Economic Development Authority (EDA):
- Establishes a sustainable economic environment for the community.
Guidelines for Locating Grants Online:
- Visit a reliable grant website. We suggest starting with one of these:
- Create an account.
- Use the search function to find grants that align with your goals and meet your specific interests.
- Review the grant eligibility criteria to make sure you meet the program requirements.
- Complete the application package.
- Submit the completed application through the grant website portal.
Loans (Healthcare-Specific):
Prosperity Bank Medical Practice Loans
- Medical industry expertise with flexible loan terms.
- Dedicated private banker and support for medical practices, investments, and office buildings.
- Commercial lender focused on healthcare providers.
- Offers 4 loan types with fixed low monthly payments.
- Loans and lines of credit for medical professionals.
- Larger loan amounts and longer terms for established practices.
- Requirements include a minimum credit score of 551+, 30 days open and operating, and $200,000 in annual sales.
Loans (For New Businesses):
- Network of reputable small business funding providers.
- Access funds up to $350,000 in approximately 2 weeks.
- Ideal for new businesses with no strict business history requirement.
- Direct programs and a vetted marketplace network.
- Various funding options, with up to $500,000 available through direct programs.
- Matches with lenders based on needs (no guarantee).
- Over 800 lenders available nationwide.
- Simple online application with low interest rates.
- Loans up to $250,000 for various business expenses.
Loans (For Established Businesses):
- Quick application, fast access, and flexible repayment.
- Revolving line of credit up to $150,000 for working capital.
- On-demand funds with credit lines up to $250,000.
- Options for small to medium businesses looking to expand.
- Experienced in supporting healthcare businesses.
- Personalized approach with a funding advisor.
- Requires at least 1 year in business.
- Quick application process with various funding options.
- Requires a minimum of 3 months in business and $8,000+ monthly revenue.
For more information, and to download a full guide, visit: https://collaboratingdocs.com/fueling-success-a-resource-for-funding-your-practice/
Collaborating Docs is the industry leader in connecting nurse practitioners (NPs) and physician associates (PAs) with collaborating physicians across all states and scopes of practice. With a strong focus on compliance, they even cover malpractice for their physicians. And they guarantee a match within 14 days! You can speak directly with an NP or PA from their team and get a free personalized quote at CollaboratingDocs.com. With the code OPTIMANTRA you can get your $500 Onboarding Fee waived!
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