Customized financing to consolidate high-interest debt or fund major purchases or expenses.
WAYS TO USE YOUR LOAN
Tailored commercial financing that supports all your business needs to help you grow quickly.
Tailored for entrepreneurs that want to establish additional active and passive income streams.
Customized financing to consolidate high-interest debt or fund major purchases or expenses.
FAQs
About our company
FAQs
About our loan products
The basics about BHG loans
BHG Financial offers some of the largest unsecured loans and longest terms available in the industry1 for the funding needs of high-earning professionals, including:
- Personal loans for debt consolidation; and
- Business loans for business debt consolidation, working capital, business acquisition, and startup needs.
When BHG Financial was founded in 2001, we exclusively provided lending for medical professionals. While we continue catering to this industry for personal and medical practice business needs today, we have also grown over the years now offering financing solutions for all high earners.
Not all loan amounts, rates, or terms are available in all states.
A BHG Financial personal loan is intended for consolidating high-interest credit cards and other personal debts into one low monthly payment.
A BHG Financial business loan is taken out by a business owner for various use cases, including:
- paying off high-interest business debt and increasing purchasing power
- maintaining day-to-day business operations with flexible capital
- achieving business acquisition goals by purchasing new equipment
- growing a real estate portfolio
- investing in or establishing a new franchise
- and more
A BHG Financial business loan can also be taken out by an entrepreneur, such as buying into a practice or simply pursuing a passion venture without leaving their day job.
BHG Financial offers some of the largest loan amounts in the industry:
- Personal loans up to $250K1
- Business loans up to $500K1,2
Our average personal loan customer has a FICO Score of 746, earns an annual income of $284K, and borrows $73K.
Our average business loan customer has 21 years of experience in their field, a 755 FICO score, earns an annual income of $322K, and borrows $173K.
No. BHG Financial offers unsecured loans—that means you do not need to provide personal collateral, like your home, to secure a loan.
The links below will take you to our estimators. It’s quick and easy to get a customized estimate from BHG Financial—it only takes seconds.
Yes. BHG Financial has been lending to medical professionals for 20+ years. We offer financial solutions with proprietary underwriting for these accomplished individuals.
These solutions include personal and business financing which can be used for:
- personal debt consolidation
- business debt consolidation
- practice working capital, acquisition, expansion, and investment
- starting a new business
- partnership buy-in
Our customers are successful professionals often with multiple sources of income who don’t fall into a “one size fits all” lending category. Our continued focus on data, analytics, and proprietary modeling enables faster funding for our customers.
BHG Financial takes pride in our ability to offer you high loan amounts and extended terms1 with quick approval decisions.3 And our attentive U.S.-based concierge service allows us to deliver you one of the best customer experiences in lending today.
Terms, rates, fees, and payments
You repay your BHG Financial loan by making monthly payments over the agreed-upon loan term. The amount of each payment depends on the loan amount, interest rate, and length of the loan.
No. BHG Financial offers fixed APRs, so your rate will not change.
The APR for personal loans ranges from 8.72% to 27.87%.4
The APR for business loans ranges from 8.69% to 41.26%.5
Credit score
Our minimum credit score is 640 for personal loans and 550 for business loans. However, credit score is not the only factor included in approval decisions.
No. When you apply, we perform a soft inquiry, which is just a review of your credit report—this will not impact your credit.6
Still have questions? We're here to help.
Bankers Healthcare Group, LLC d/b/a BHG Financial NMLS ID# 2040829
Not all solutions, loan amounts, rates or terms are available in all states.
Advertised rates are subject to change without notice.
1 Terms subject to credit approval upon completion of an application. Loan sizes, interest rates, and loan terms vary based on the applicant's credit profile.
2 BHG Financial business loans typically range from $20,000 to $250,000; however, well-qualified borrowers may be eligible for business loans up to $500,000.
3 This is not a guaranteed offer of credit and is subject to credit approval.
4 Personal Loan Repayment Example: A $59,755 personal loan with a 7-year term and an APR of 17.2% would require 84 monthly payments of $1,228.
5 Business Loan Repayment Example: A $94,695 commercial loan with a 9-year term and an APR of 14.8% would require monthly payments of $1,591.
6 There is no impact on your credit for applying. For personal loans, a complete credit history, which will appear as an inquiry on your credit report, will be performed upon acceptance and funding of the loan and may impact your credit.
Consumer loans funded by Pinnacle Bank, a Tennessee bank, or County Bank. Equal Housing Lenders.
For California Residents: BHG Financial loans made or arranged pursuant to a California Financing Law license - Number 603G493.