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HealthCare Practice Banking

Choose to work with a bank that understands your healthcare banking needs

After years of working closely with our healthcare clients, we’ve come to understand the unique challenges of medical, dental, eye care and veterinary practices. Our healthcare practice banking specialists take an integrated approach, customizing solutions designed to help you build and grow your practice.

FOR YOUR PRACTICE

HEALTHCARE PRACTICE FINANCING

Address both your short-term working capital needs and your long-term investments with up to 100% financing options and up to 10-year terms.

  •     Term Loan

        Refinance existing debt. Finance permanent working capital, practice acquisitions,
        relocations and expansions, practice start-ups (dental only), or equipment.

  •     Line of Credit

        Manage cash flow and fund short-term expenses.

  •     Business/Equipment Flex Loan

        Purchase multiple assets such as equipment, furniture, and computers
        over time with a single loan.

  •     Commercial Mortgage

        Purchase or refinance owner-occupied commercial real estate. SBA options available.

Want to learn more? Schedule a consultation

BUSINESS CHECKING

Our business checking accounts include a wealth of tools and services designed to meet the financial needs of your practice.

  •     Online and Mobile Banking

        Manage your accounts and deposit checks from virtually
        anywhere with Citizens Bank Mobile Deposit™.

  •     Remote Deposit

        Reduce prep time, save bank trips, and get quicker access
        to funds with E-Z Deposit® desktop check deposit service.

  •     accessMONEY Manager™

        Get a 360° view of all of your account details to facilitate
        account reconciliation, reporting, and more.

  •     Overdraft Protection Plans

        Protect your business by preventing overdrafts and related fees.

  •     Electronic Payments

        Pay securely via Automated Clearing House (ACH) deposits to reduce errors.

Want to learn more? Schedule a consultation

BUSINESS CREDIT CARD

Our Everyday Points® Business MasterCard® offers a convenient and secure way to make business purchases, track expenses, and manage cash flow. It also comes with accessCARD Command™, a no-cost, spend control feature.

CARD ACCEPTANCE

Offer your clients credit or debit card payment options through our Citizens Bank Merchant Services, and you’ll be credited with their payments within 24 hours.

Want to learn more? Schedule a consultation

PAYROLL SERVICES

Streamline practice management with services like timely, accurate payroll processing and tax administration through Paychex®

Want to learn more? Schedule a consultation

FOR YOU

EDUCATION REFINANCE LOAN

You may be able to reduce your interest rate and lower monthly payments by an average $137 per month1 with our student loan refinancing and consolidation services. We offer fixed and variable refinance options, and do not charge any application, origination, or disbursement fees on our Education Refinance Loan.

DOCTOR LOAN MORTGAGE PROGRAM

This special mortgage program for licensed physicians and dentists makes it easy to finance your new home. The Doctor Loan2 is available for purchases of primary residences and features:

  •     Up to 89% financing with no mortgage insurance
  •     $1 million maximum loan amount
  •     A choice of fixed-rate or adjustable-rate mortgage
  •     An interest-only option on select adjustable-rate programs
  •     Construction-to-permanent financing eligibility

Want to learn more? Schedule a consultation
WEALTH MANAGEMENT SERVICES

Our Citizens Wealth Management3 team can help you with wealth strategies that suit a variety of needs, from college savings to retirement income planning. Learn more about our range of products and services in the following areas:

  •     Premier Banking – Banking and lending solutions
  •     Investment Services – Brokerage and insurance services
  •     Private Bank and Trust – Banking, lending, and asset management

FOR YOUR EMPLOYEES

YOUR PLACE BANKING

Increase productivity, employee satisfaction, and retention by bringing banking benefits and financial education right to your employees at no cost to you. Benefits include:

  •     Worksite Financial Education – Brings educational talks on various financial-related topics right
        to your practice
  •     Personal Financial Reviews – Helps your employees understand their debt situations and evaluate
        their preparedness for savings needs.
  •     Financial Planning Tools – Empowers your employees to plan for the future and realize
        their savings goals.
  •     Cash Savings Rewards – Provides an incentive for employees to achieve their savings goals.

Want to learn more? Schedule a consultation

EMPLOYEE BENEFITS

Partner with Citizens to offer additional banking benefits to your employees.

  •     Employer-Sponsored Retirement Plans – Provide your employees with a retirement plan that meets         their needs and the needs of your practice
  •     Financial Planning Tools – Empowers your employees to plan for the future and realize their
        savings goals.

HEALTHCARE PRACTICE OUTLOOK

TOP 5 BUSINESS OBJECTIVES FOR INDEPENDENTLY-OWNED DENTAL PRACTICES IN 2016

Based on our survey of almost 200 independently-owned dental practices, their owners are confident that 2016 will be a strong year for the U.S. dental industry. Download our Dental Perspective to learn about the 5 business objectives independently-owned dental practices must focus on to achieve their desired growth and revenue goals in 2016.

TOP 5 BUSINESS OBJECTIVES FOR INDEPENDENTLY-OWNED MEDICAL PRACTICES IN 2016

Based on our survey of over 250 independently-owned medical practices, owners considered "staying in business" to be one of their top business objectives in 2016. Download our Medical Perspective to learn about the 5 business objectives medical practices will need to focus on to achieve their desired growth and revenue goals in 2016.

2016 OUTLOOK FOR INDEPENDENTLY-OWNED HEALTHCARE PRACTICES

Review actionable findings from our survey of more than 450 medical and dental practice owners to learn how they plan to succeed despite the legislative, insurance and regulatory factors that are challenging the healthcare industry in 2016. Download our Healthcare Outlook Study to find out what owners consider to be their greatest challenges and gain insight into your peers' top priorities for 2016.

Interested in speaking with one of our healthcare practice banking specialists about custom solutions for your practice?

Related Features

 

 

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1-800-4BUSINESS

(1-800-428-7463)



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1 Average savings based on 33,437 actual customers who refinanced their federal and private student loans through our Education Refinance Loan between January 6, 2014 and March 31, 2016. The borrower’s savings might vary based on the interest rates, balances and remaining repayment term of the loans they are seeking to refinance. The borrower’s overall repayment amount may be higher than the loans they are refinancing even if their monthly payments are lower.

2 Mortgages and Home Equity Loans are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960).

3 Citizens Wealth Management is comprised of both banking and brokerage affiliated companies.  

Banking products are offered through Citizens Bank. Citizens Bank is a brand name of Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Deposit accounts held at Citizens Bank, N.A. and Citizens Bank of Pennsylvania are separately insured, Member FDIC. 

 

Securities, Insurance and Investment Advisory Services are offered through Citizens Securities, Inc. otherwise referred to as Citizens Investment Services. Citizens Securities, Inc. Member FINRA, SIPC.

 

Citizens Securities, Inc. is an affiliate of Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Please be aware that the security products offered are different than those offered by a bank and are subject to investment risk, including possible loss of principal amount invested.

 

Citizens Securities, Inc. 770 Legacy Place, MLP240, Dedham, MA 02026. 1-800-942-8300.