Best Revenue-Based Financing for Med Spas (2026): 9 Compared

For med spa owners and practice managers. Updated October 2, 2026 · Prepared by Prospyr. Prospyr makes practice software, not loans or advances, and none of the companies below is a Prospyr product or partner. Each summary reflects what the company publishes on its own website, checked October 2026. Rates, factor rates and minimums change often, so get every term in writing and have your accountant review the contract before you sign.

What is revenue-based financing for a med spa?

Revenue-based financing gives your med spa a lump sum now in exchange for a fixed share of future deposits until a set total is repaid. The cost is usually a factor rate (for example, 1.25 times the amount advanced), not an interest rate, and payments come out daily, weekly or monthly as a percentage of revenue. Approval leans on three to six months of bank statements more than collateral. It is fast, often funded within days, but usually costs more than a bank or SBA loan, so it suits short, defined needs with a clear payback.

The 9 revenue-based financing and working capital providers at a glance

Terms in the table are each company's published figures as of October 2026, not offers. What you are offered depends on your deposits, credit and time in business.

How we chose this list

We started with funders and lending marketplaces that publish a revenue-based or working capital product and name medical practices, healthcare or med spas on their own websites. Then we checked four things a practice manager can verify before the first call:

1. Healthcare focus. Does the company name aesthetic practices, med spas or medical practices as a market, or is it a general small business funder?
2. Published minimums. Does it state time in business, revenue and credit requirements, so you know whether you qualify before you share bank statements?
3. Cost transparency. Does it explain its factor rate or APR, and how payments are collected?
4. Who funds the deal. Is it a direct lender, or a marketplace that sends your file to other funders? Both are fine, but you should know which.

We excluded card processors that offer advances repaid from your card sales. Those products tie your financing to a payment processing contract, which is a separate decision. The order is our editorial view, not a measure of results.

1. PracticeFloat

PracticeFloat offers working capital only to independent healthcare practices, and its site lists "Aesthetic & Med Spa" (cosmetic dermatology, medical spas, plastic surgery and laser centers) as one of its specialties, next to dental, medical, regenerative and longevity clinics. It advertises revenue-based approval nationwide, with no collateral and no SBA paperwork.

What stands out:

• Published range. Advances from $40,000 to $500,000, with $125,000 listed as typical.
• Published requirements. A licensed practice seeing patients, at least $25,000 a month in verified revenue, 18 months or more in operation, no more than 3 NSFs in the past 90 days, and a personal guarantee from the owner.
• First position only. It states it will not fund a practice that already has an advance outstanding, which keeps you from stacking.
• Simple file. It asks for three months of bank statements and states a decision within 24 hours and funding in 24 to 48 hours.
• Calculator. Its site shows an estimated total cost and daily repayment before you apply.

Right for: an established med spa doing $25,000 or more a month that wants a funder who already underwrites cash-pay aesthetic practices. Ask: the flat cost in dollars, the estimated APR, whether repayment is daily or weekly, and whether paying early reduces the total.

2. BHG Financial

BHG Financial (Bankers Healthcare Group) states it has lent to healthcare professionals since 2001 and reports more than $10 billion in medical loans funded to more than 80,000 medical professionals. It names physicians, dentists, nurses and physician assistants as borrowers. This is not revenue-based financing. It is a fixed-payment business loan, which is often the better comparison point when you are weighing an advance.

What stands out:

• Published APR range. Business loans typically range from $20,000 to $250,000, up to $500,000 for well-qualified borrowers, at 8.77% to 41.26% APR with terms from 1 to 12 years, per its site.
• Repayment example. It publishes one: a $94,695 loan over 9 years at 14.8% APR has monthly payments of $1,591.
• Speed. It states approval in as little as 24 hours and business loan funding in as few as 3 days.

Right for: a med spa owned by a physician, NP or PA who wants a predictable monthly payment over several years. Ask: whether the loan is underwritten on the owner's personal credit and income, and whether there is a prepayment penalty.

3. Fora Financial

Fora Financial states it has funded small businesses since 2008 and runs a medical practice financing program. Its products include a revenue advance with repayment that adjusts to revenue, a line of credit, term loans, invoice factoring and SBA loans.

What stands out:

• Published minimums. 6 or more months in business, $240,000 or more in annual revenue, and a 570 FICO score.
• Range. $5,000 to $1.5 million on working capital products, and up to $5 million through SBA programs.
• Process. Three months of bank statements and a photo ID, a soft credit pull to check options, decisions in as little as four hours, and funding as fast as 24 hours after you accept.
• Disclosure. It states that advances may be issued by Fora, Celtic Bank or unaffiliated third-party funders, named in the agreement before signing.

Right for: a med spa past its first six months that wants to compare a revenue advance against a line of credit from one application. Ask: who the actual funder is on your offer and how the cost compares across the products quoted.

4. Biz2Credit

Biz2Credit publishes a med spa financing page and offers term loans, revenue-based financing, lines of credit and commercial real estate loans. It describes its revenue-based financing as a lump sum in exchange for a percentage of future receivables plus fees, not a loan with interest.

Right for: an established med spa with $250,000 or more in annual revenue that needs a larger amount. Biz2Credit lists revenue-based financing from $25,000 to $2 million or more, with minimums of a 575 credit score, one year in business and $250,000 in annual revenue. It also states plainly that revenue-based financing is generally more expensive than a term loan or line of credit. Ask: the total payback in dollars, the percentage of receivables collected, and how often it is collected. Its med spa page also discusses patient financing; that is a separate product from the business financing covered here.

5. ProMed Financial

ProMed Financial, based in Costa Mesa, California, offers term and revolving working capital loans to healthcare practices and lists med spas among the practices it works with. It also helps with practice purchases and sales nationwide.

Right for: a practice that wants working capital without daily payments. ProMed states unsecured loans up to $750,000 and secured loans up to $1 million, with typical approvals up to 22% of annualized gross revenue. It says its working capital loans are not tied to receivables, do not report to credit bureaus, avoid daily payments, and fund in four days on average. Ask: the APR and term, what "minimal" prepayment penalty means in your contract, and how the interest-only option works. If you are buying a practice, see our list of practice acquisition lenders.

6. Credibly

Credibly offers revenue-based business loans, working capital loans, merchant cash advances, lines of credit and SBA loans, and lists healthcare among the industries it funds. It reports funding more than 55,000 businesses.

Right for: a younger med spa that has been open at least six months but may not meet a two-year minimum elsewhere. For its revenue-based product, Credibly lists at least 6 months in business, $20,000 or more in average monthly bank deposits and a 550 personal credit score, with amounts up to $600,000. It explains cost as a factor rate with daily or weekly remittances agreed up front. Ask: the factor rate and remittance schedule on your offer, and what happens to payments in a slow month.

7. Kapitus

Kapitus is a general small business funder that states it lends directly and also works with a network of other providers, so one application can return up to six offers. It does not single out med spas on the pages we checked.

Right for: a med spa with at least two years of history that wants a direct funder's offer and a comparison in the same process. Kapitus lists revenue-based financing up to $5 million, average terms of 6 to 24 months, daily, weekly or monthly payments, and minimums of 2 years in business, $250,000 in annual revenue and a 650 credit score. Ask: whether your offer comes from Kapitus or a network member, and the factor rate on each.

8. Crestmont Capital

Crestmont Capital, based in Irvine, California, publishes med spa financing guides and states it connects businesses with revenue-based financing from $25,000 to $2 million, along with equipment financing, term loans, lines of credit, SBA loans and merchant cash advances.

Right for: an owner who is not sure which product fits and wants one contact to lay out several. Crestmont's own guide says typical factor rates run 1.15 to 1.45 times the amount advanced and revenue shares run 5% to 20% of monthly gross revenue, which is a useful yardstick for any quote you get. Ask: whether Crestmont funds the deal or places it with another funder, and whether it is paid a fee for that.

9. Clarify Capital

Clarify Capital runs a medical practice financing program and matches applicants with a network of more than 75 lenders, with a soft credit pull to see options. It states lenders want at least six months of operating history, $10,000 a month in gross revenue and a 550 credit score, and notes that nurse practitioner-owned practices qualify for the same products as physician-owned ones.

Right for: an NP- or physician-owned med spa that wants to see several offers side by side before choosing. Ask: which lender each offer comes from, and whether a hard credit pull happens before or after you pick one.

Questions to ask any revenue-based financing provider

1. What is the total payback in dollars and the estimated APR? A 1.3 factor rate on a six-month term costs far more per year than the same rate over 18 months. Ask for both numbers in writing.
2. How are payments collected? Daily debits hit a med spa's cash flow differently from weekly or monthly ones, especially around slow weeks after the holidays.
3. Does paying early lower the cost? Many advances charge the full factor amount even if you repay in half the time.
4. What does the contract require? Look for a personal guarantee, a lien on business assets, and any confession of judgment clause, and have an attorney or your accountant read it.
5. Can I take another advance while this one is open? Some funders require first position only. Stacking two advances can squeeze cash flow quickly.
6. Who is the actual funder? Marketplaces and brokers place deals with other companies. Ask who funds it and whether the broker is paid by you or the funder.
7. Is this the cheapest money I qualify for? If you can wait 30 to 90 days, compare against SBA lenders for medical practices and your own bank's line of credit.

Where Prospyr fits

Every funder on this list sizes its offer from your bank deposits, so clean, steady revenue records help you qualify and help you decide how much you can afford to repay. Prospyr keeps a med spa's bookings, payments and recurring membership revenue in one place, with reporting and analytics you can export when a funder or your accountant asks, and memberships that make monthly revenue more predictable. If you are reviewing your practice software too, book a practice demo.

Frequently asked questions

Is revenue-based financing a loan?

Often not. Biz2Credit and Kapitus both describe their revenue-based financing as a purchase of future receivables or sales, priced with a factor rate instead of interest. Others, like Credibly, call their product a revenue-based loan, so read the contract to see which you are signing.

How much does revenue-based financing cost a med spa?

It depends on the factor rate and how fast you repay. Crestmont Capital's guide puts typical factor rates at 1.15 to 1.45 times the amount advanced, so $100,000 could cost $15,000 to $45,000. Because terms are often under a year, the equivalent APR can be much higher than a bank loan.

Can a new med spa get revenue-based financing?

Usually not in the first six months. The lowest published minimums on this list are six months in business (Fora Financial, Credibly, Clarify Capital), and some funders require 18 months or two years. A practice that is not open yet should look at SBA lenders or equipment financing instead.

Should I use an advance to buy a laser or other device?

Usually an equipment loan or lease is cheaper for a device, because the device secures the loan and the term matches its useful life. An advance can make sense for a short, defined need like covering payroll during a buildout or stocking up on product before a busy season.

What documents do I need to apply?

Most funders on this list ask for three to six months of business bank statements, a photo ID and a basic application. Fixed-term lenders like BHG Financial also look at credit history and personal and business income.

Want your company considered?

We review this list quarterly. Companies that fund med spas and aesthetic practices can send their website and what they offer practices to info@prospyrmed.com; inclusion is editorial and not paid.

Editorial scope

This list is based on each company's public website, checked October 2026 with AI-assisted research. The companies did not review this article before publication. It is not financial advice, an offer of credit, a guarantee of terms or results, or a substitute for reading the contract and checking references. Read our methodology or report a correction.