refinancing-louisiana

Yes — you can refinance a Louisiana medical practice if your credit score is 710+, DSCR 1.25×, and you have 36 months of revenue. See the rate you qualify for in 2 minutes — no credit‑score hit.

The specifics

The refinance program in Louisiana is very similar to the national SBA 7(a) program. If your practice has at least three years of track record and a DSCR of 1.25×, lenders will look at a borrowing cap of roughly 70 % of your annual gross revenue. Your credit score should be 710 + to qualify with the standard 8 – 10 % APR, and you’ll need at least 36 months of audited financials. Typical equipment loans run 48 – 84 months with 9 – 12 % APR when the new gear is secured as collateral. According to Bank of America, you’ll also be able to roll over existing debt, reducing your monthly payment to the 8 – 12 % of revenue range that most practices target.

If you’re unsure if you’re in that bracket, try the free affordability calculator or check the latest denial‑rate study for Louisiana on our site: 2026‑medical‑practice‑lending‑denial‑rate‑study.

Qualification & edge cases

The thresholds differ for practices with less than 3 years in operation or with S‑corp versus LLC structure. If your credit falls in the fair‑credit range (620‑679), you can still qualify but expect a 3‑5 % higher APR and a stricter DSCR of 1.4×. Practices that have recently undergone a merger or elective practice sale will be subject to a 6‑month waiting period before refinancing is approved. A high debt‑to‑income ratio above 40 % of your monthly revenue will trigger an additional collateral requirement, typically a second‑mortgage on rented premises or a personal guarantee. If you’re on the margin, consider a bridge loan from a community bank to improve your cash flow profile before applying.

Background & how it works

Refinancing a medical practice in Louisiana is essentially the same process nationwide: you submit audited profit‑and‑loss statements, a balance sheet, tax returns, and a loan application. Lenders then evaluate your DSCR, project future cash‑flows, and verify that the existing debt load does not exceed the 70 % revenue cap. The SBA 7(a) program requires a 10‑year repayment schedule, but many private lenders offer shorter terms when the new loan is secured by equipment or real estate. The December 2026 market reports from Crestmont Capital and Allied Market Research show a shift toward equipment financing; roughly 35 % of new practice loans now cover equipment or technology upgrades. Because Louisiana has a high concentration of specialty practices, lenders also consider local market demand when setting the rate. If you’re located in the New Orleans metro area, you might wish to compare local options through a dedicated guide: New Orleans practice owners.

Bottom line

In short, Louisiana physicians can refinance their practice if they have a strong DSCR, a high credit score, and enough operating history. The refinance will likely run 8‑10 % APR with a 48‑84 month term, and you can reduce monthly payments to the 8‑12 % of revenue range. A quick 2‑minute check of your eligibility will show the rate you qualify for, with no impact on your credit score.

Disclosures

This content is for educational purposes only and is not financial advice. treated.finance may receive compensation from partner lenders, which may influence which products are featured. Rates, terms, and availability vary by lender and applicant qualifications.

Sources

• Bank of America
• Fundwell
• Crestmont Capital
• Allied Market Research