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Business owners love that Lendio helps them get funding without the headaches.
Pharmacy business loans & financing, fast.
Apply for financing today to build your business, upgrade your equipment, or fund your next project.
Applying is free and won't impact your credit*
Proven pharmacy lending expertise.
Get the answers and the funding you need with support all along the way.
$828 million
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*Qualification criteria, rates, and other funding terms will vary depending on the type and location of your business, and upon other factors. This is not a guarantee of funding, and it should not be relied upon as an accurate assessment of the availability or terms of the represented funding products.
How much can I qualify for?
Not sure what you need or what funding options are best for you? Use our simple calculator to get a rough idea of your options with no commitment, and apply when you’re ready.
Lendio knows the pharmacy business.
Whether you’re looking to smooth out payroll and inventory costs or expand your pharmacy business with additional locations, Lendio can help you get customized financing solutions with just one application.
Bridge capital between reimbursements
Purchase inventory and equipment
Refinance existing debt
Pay your pharmacists
Invest in marketing
What type of commercial real estate funding is best for your business?
These are the most popular types of funding that other pharmacy-based businesses qualify for through Lendio.
Business Line of Credit
Access available funds whenever you need them, and only pay interest on what you draw.
Revenue-Based Financing
Access funding based on your future revenue and repay with regular payments.
Business Term Loan
Borrow a lump-sum with a set repayment schedule, and get funding quickly with online options.
What types of business loans are available to pharmacy businesses?
Revenue-based financing
When you have ongoing revenue through your pharmacy business, you may qualify for revenue-based financing, such as a cash advance. You receive a lump sum up front, then repay the balance, plus a fee, which is automatically deducted as a percentage of your sales.
Term Length
1-15 months
Max Loan Amount
$1 million
Debt financing
Debt financing is a reliable way to borrow money for your business. They generally come with fixed rates and a set repayment period, so you can plan ahead in your business forecasting. Online term loans come with fast approvals and funding time, whereas SBA loans have competitive rates, but often take a while to finalize.
Term Length
6 months-25 years
Max Loan Amount
$5 million
Line of credit
Only borrow what you need with a line of credit (LOC). Whether it’s covering an inventory purchase, an emergency expense, or a growth opportunity, you can draw on your LOC, only paying interest on your outstanding balance.
Term Length
6-24 months
Max Loan Amount
Up to $250,000
Equipment financing
Equipment financing helps you pay for large equipment purchases. Whether you need refrigerators, freezers, racks, or PPE, an equipment loan can make it possible.
Term Length
1-5 years
Max Loan Amount
$5 million
FAQs
Find answers to some commonly asked questions in the pharmacy industry.
What is pharmacy financing?
Pharmacy financing is when a business borrows money to fund things like general operating expenses, a specific purchase, or a growth opportunity. Funding offers can be structured in many different ways, including term loans, lines of credit, cash advances, or equipment financing.
What are the requirements to get pharmacy financing?
Apply through Lendio to access multiple financing options for your pharmacy business. Minimum requirements include:
- At least 6 months in business
- Monthly income of $8,000 or more
- Personal credit score of 600 or more
What can I use pharmacy financing for?
It depends on the type of financing you get. Term loans, cash advances, and lines of credit typically can be used for anything related to your business. Equipment financing is limited to the specific asset you purchase with the funds.
What are the benefits of a lender marketplace?
Through an online marketplace, save time and effort with a single application that connects you to a large selection of lenders and loan products. A funding manager will work with you to complete the application process and advocate for you throughout the funding process.
What is an SBA loan?
SBA loans are backed by the U.S. Small Business Administration. You apply through private lenders, but those lenders are able to offer broader approval guidelines and better interest rates, because part of the loan is guaranteed by the federal government. The application process can be cumbersome and time-intensive, making this a slower form of financing for your pharmacy.
What are the different types of SBA loans?
Here are the three most popular types of SBA loans to consider for your pharmacy financing:
- Microloans – Borrow up to $50,000 with few restrictions on how the funds can be used for your business.
- 504 loans – Designed to make a large purchase, such as real estate or equipment. Borrow up to $5 million.
- 7(a) loans – These loans also have a large maximum of $5 million for qualifying businesses. The funds can be used more broadly for working capital needs.
Ready for funding?
See what you can qualify for on the Lendio Marketplace.