Direct, Alternative Pharmacy Loans

Traditional lenders often consider independent pharmacies to be “low risk” thanks to healthy profit margins, high revenue, and the stability of operating a needs-based service that is not as closely tied to disposable income as other businesses. You may be able to get the funding you need from a traditional lender, but the process can take months, and there’s no guarantee of approval. Opportunities to grow or expand your pharmacy can easily vanish while you wait.

As an alternative lender, Thor Capital Group can approve more pharmacy loans, with funds deposited in as little as one business day. We provide multiple types of small business funding to grow your independent pharmacy, with funding from as low as $3,000 up to $500,000.

Pharmacy Funding Solutions

We fund all types of pharmacy, including retail pharmacies, compounding pharmacies, and all other specialties. Our knowledgeable Funding Specialists will work closely with you to determine what type of alternative pharmacy loan will help you grow and achieve your goals without compromising your cash flow.

MERCHANT CASH ADVANCE

You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the merchant cash advance have been met. Ideal for businesses with a high volume of credit card sales.

MERCHANT CASH ADVANCE

COLLATERAL LOAN

Is a secured loan that uses commercial real estate to reduce the cost of the loan and get longer terms. Also ideal for businesses looking for longer-term funding options.

COLLATERAL LOAN

SMALL BUSINESS LOAN

Our small biz loans are typically between $20,000 and $60,000. Small loans for small businesses as low as $3,000 are also available, as are small biz loans up to $500,000. Ideal for businesses seeking short-term financing to grow.

SMALL BUSINESS LOAN

BUSINESS LINE OF CREDIT

Borrow as much or as little as you need, draw and repay as you go, and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.

BUSINESS LINE OF CREDIT

How To Use Pharmacy Funding

It can provide the infusion of working capital your business needs to meet the unique challenges, such as:

  • Long accounts receivable periods
  • Contingency cases that restrict cash flow
  • Keeping up with rapid technology changes
  • Size of practice—in a private practice, operating costs are the responsibility of the sole owner; in a group practice, operating costs are shared between all owners

A pharmacy loan can also provide the cash flow you need to improve or expand your practice. Use your funding to:

  • Purchase new office equipment, such as scanners or computers
  • Renovate or remodel your office to offer clients a more comfortable experience
  • Hire experts or additional support staff to assist with a case
  • Expand your practice or acquire another practice
  • Improve cybersecurity
  • Invest in continuing education and training
  • Energize your marketing and advertising to bring in more clients

How Pharmacy Funding Works

SUBMIT YOUR APPLICATION

After you submit your application, a Funding Specialist will reach out to you within 1 hour (during regular business hours) to discuss your options.

SUBMIT YOUR APPLICATION
CHOOSE YOUR FUNDING

A Funding Specialist will reach out to you within 1 hour (during regular business hours) to complete your application and discuss your business funding options.

CHOOSE YOUR FUNDING
GET FUNDED

Once you and your Funding Specialist determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

GET FUNDED
REPAY YOUR LOAN

You’ll need three months of business bank statements and other financial records. For faster approval, grant us secure access to your bank account’s transactional data.

REPAY YOUR LOAN

Will You Qualify?

Approval for entreprise technologies funding from Thor Capital Group isn’t based on your credit score alone. Instead, we focus on the overall health of your business. Here are some factors we consider:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

Why Get Funded by Thor Capital Group?

Opportunities to expand or take on new projects come and go quickly, but applying for funding from a traditional lender like a bank, can take months with no guarantee of approval. With Thor Capital Group’s faster, streamlined application process, we can approve your company loan in as little as 24 hours.

Our application requirements are lower than traditional lenders, but we always have your best interest at heart. We are proud to provide responsible business funding—we’ll never over-leverage your business by giving you more capital than you can manage, and our Funding Specialists will be with you every step of the way.

Pharmacies Funding Q&A

Q: I am an independent pharmacy needing to expand my lab. Should I get a pharmacy loan for this project?

A: Yes, an alternative loan is ideal for expanding your lab. We always recommend using pharmacy funding to grow your operation.

Q: My inventory is getting low and I need to restock. What type of loan do you suggest?

A: We have several funding options that could work for you. To identify and select the right loan, please contact one of our knowledgeable Funding Specialists.

No cost to apply. No obligation to accept.