How to get one, and why is it difficult? We talk to David Ryabko, a representative of the New York Tribeca Group, about this.
Why is it difficult to get a loan for a medical practice development?
Getting a loan for a medical practice development can be difficult due to several factors, such as the risk of unsuccessful business, high initial costs, and uncertainty of income. Banks and other financial institutions may be cautious in issuing loans for such projects because of ambiguity in the medical field and may require higher creditworthiness and collateral.