Banking Solutions for Medical Professionals

 

Financing Your Practice

A medical practice comes with unique financial challenges. ChoiceOne Medical Bankers have expertise in helping a wide range of providers — Physicians, Optometrists, Dentists, Veterinarians, and more. Using a consultative approach, we can help you navigate the challenges of owning a practice with our comprehensive knowledge of the medical industry and revenue cycle management. ChoiceOne Bank is dedicated to servicing the medical industry by providing:

  • Practice Acquisition:

    • Well-qualified banking officers experienced in the acquisition and transition of buy-ins, buy-outs and start-up practices.

  • Equipment/Leasehold Improvement Financing:

    • Unique financing options for equipment upgrades, leasehold improvements and office expansions.

  • Revenue Cycle Management:

    • Unique and flexible products to help you maximize cash flow and tailored revenue cycle management products.

 

Why Choose ChoiceOne?

  • Our underwriters specialize in financing for medical practices.

  • Our credit process is built around the special considerations of the medical industry.

  • All credit and underwriting processes are performed locally.

  • We will help you meet critical deadlines quickly and efficiently.

 

Refinancing Solutions

ChoiceOne Bank offers refinancing solutions that are customized to your practice’s needs.

  • Improve the terms of your loan.

  • Refinance debt from previous acquisitions, expansions and equipment purchases.

  • Options that could lower your monthly payments and increase cash flow.

  • Finance additional funds for new equipment, practice expansions and new business opportunities.

 

Revenue Cycle Management Products & Services

ChoiceOne Bank provides the resources and individual attention you deserve. We take the time to thoroughly understand the needs of your practice, developing banking strategies that maximizes your strengths. We’ll work with you to deliver the business and personal services to help your practice grow and succeed.

Treasury Products & Services:

  • Remote Deposit Capture
  • Merchant Services
  • ACH Capabilities
  • Direct Deposit of Payroll
  • Business Bill Pay
  • Positive Pay
  • Stop Payments
  • Tax Payments

 

Alexander Shoemaker Professional Picture

Alex Shoemaker

VP Commercial & Medical Loan Officer

810-538-1909 Direct

[email protected]

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