Physician Business Loans

Physician Business Loans

Partnership Buy-In Program

Are you contemplating expanding your medical practice through a new partnership? Look no further than Physician Bank. With our comprehensive services, we can facilitate a seamless transition for your practice, allowing your new partner to become fully integrated from the start. Our expertise lies in simplifying the entire process, ensuring a smooth and efficient expansion, while also providing the necessary liquid assets to support your business growth. We can even finance up to 95 percent of a practice you want to buy into. Trust Physician Bank to be your reliable partner in achieving your practice’s goals and ambitions.




100% Financing, No Partner Collateral Needed and No Down Payment Needed


  • 100% financing up to 1 million
  • Loans1 up to 4 million1
  • Unsecured lines of credit up to $250,000
  • Full service banking with high-yield, no-fee checking accounts

Physician Bank Buy-in financing makes sense. Talk with a Physician Bank Financing Advisor today.

1. All loans are subject to credit approval.


  • A business valuation
  • A corporate guarantee requirement for any partner debt
  • A documented Buy-Sell Agreement is required depending on the transaction type (funded by life insurance when appropriate)
  • Life insurance2 requirement for partner debt in the amount of the loan with assignment to Physician Bank
  • Loan Term: 10 year Maximum
  • Years in business: 3 Minimum

2. Life insurance is not offered by Physician Bank.

Get The Funds You Need

Do you have a partner that is retiring? Is your practice being bought out? Are you adding a new partner? Physician Bank can get you the funds you need to facilitate any pay-out and your loan can be guaranteed by your practice.

We can provide 100% financing for a new partner and we require no down payment or collateral from the partner. Do you have a current partner that is making monthly or quarterly payments? No problem. We can refinance that too!

Maybe you have concerns about arranging all the aspects of a partnership buy-in. Rest assured, Physician Bank Partnership Buy-in Advisors have the experience to insure your buy-in agreement is arranged appropriately and easily understood by all. Need more information? Complete the Request Form today.

Important Information

Procedures for Opening an Account Mandated by the USA PATRIOT ACT

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT ACT, a Federal law, requires all financial institutions to obtain, and record information that identifies each person who opens an account.

What this means for you:

When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Partnership Buy-IN / Buy-OUT FAQ

Ross Magnuson, Market President of Heritage Bank, parent company of Physician Bank, answers the following Partnership Buy-In / Buy-Out Questions. Listen now to: Answers to Your Partnership Buy-in / Buy-Out Questions

  1. What questions would you ask prospects looking to form a partnership buy-in agreement.
  2. How do new partners finance their partnership buy-in agreements?
  3. What would the process look like for a partnership buyout?
  4. How is a partnership buy-in loan structured?
  5. What is the partnership buy-in formula?
  6. Do the business relationship managers have knowledge in how to structure a partnership buy-in?
  7. What are some of the partnership buyout alternatives?
  8. Does the bank require the partnership or firm to have an updated partnership agreement?
  9. Is there any minimum or maximum dollar amount that the bank will finance?
  10. Does the bank finance a partner that the firm has already internally financed?
  11. What are the benefits of financing your partnership buy-in with us?

Download Transcript

New! 4.04% APY* on checking.
*APY = Annual Percentage Yield

Accessibility Toolbar

Payroll Plus Checking Account

*APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the account is opened. Rate applies to balances between $0.01 and $100,000

To earn 4.04%, you must:

  1. Have at least $5,000 in direct deposit each month from payroll, social security, investment income, or other forms of monthly income.
  2. Have monthly debit card purchases posted to your account equaling a minimum of $500. Please note that ATM transactions do not count toward the debit card purchase requirement.
  3. Enroll and receive monthly eStatements. With eStatements, you must have a valid email address to enroll. $4 per month fee applies if not enrolled in eStatements and paper statements are sent through U.S. Mail.

Payroll Plus Rates effective as of July 1, 2024. Minimum opening deposit of $100.