Case study · Healthcare practice · New Jersey
$120,000 for A Mental Health Practice in New Jersey: Funded in 32 Days
In February 2026, a mental health practice in New Jersey received $120,000 through the RAN Funding lender network, 32 days after the application was created. This page shows what the file looked like, why a file like it gets placed, and what a similar business should expect. Every figure comes from our own application records; no names, rates or repayment terms are published.
What Was Funded
$120,000 for a mental health practice in New Jersey, funded in February 2026, 32 days from application to deposit. Practices in the network most often fund equipment financing, term loans for expansion and lines of credit for the collection cycle, at better pricing than most other industries. RAN Funding is a business financing broker: the lender in our network funded the deal and paid us; we do not lend.
The File
| This deal | |
|---|---|
| Business | A mental health practice |
| Location | New Jersey |
| Amount funded | $120,000 |
| Funded | February 2026 |
| Application to deposit | 32 days |
What we publish about a funded deal is limited on purpose: the kind of business, where it is, how much it received, when, and how long it took. Names, lenders, rates, payment schedules and anything that would identify the owner stay private. Thirty-one of these deals are listed on our funded deals page, and the aggregate numbers behind them are in our funding statistics.
Why a File Like This Gets Placed
Practices are among the most bankable files in the network because insurance and patient receivables are predictable. Lenders look at the payer mix, days to collect, and whether the owner is a licensed provider. Equipment, expansion and bridging slow insurance payments are the common uses.
A funding that took several weeks usually means a larger or more documented product, a lender that wanted tax returns or financials beyond bank statements, or an owner who paused to compare options. That is not a problem; it is the trade-off for better pricing or a larger amount. Across the deals we funded between October 2024 and October 2026 the median was four days, but the files that took longer were often the ones that priced best.
What a Similar Healthcare Practice Should Expect
- Six or more months in business; twelve months opens most programs and better pricing
- $10,000 or more a month in business deposits; $20,000 or more for amounts like this one
- Three months of business bank statements, a voided check and a government ID; tax returns for larger or longer-term products
- Few negative days and no recent NSFs; existing advances disclosed up front
- An amount sized to the deposits: most fast products fund 50% to 150% of monthly sales
Industry detail, typical products and pricing for healthcare practices are in our guide to medical practice loans.
How to Apply
- Apply online in about five minutes. One soft credit pull; no effect on your score.
- Send three months of business bank statements and a voided check.
- A specialist reviews the file the same business day and presents it to the lenders in the network that fit it.
- Compare offers side by side with the total cost of each, and sign only the one you understand.
RAN Funding is a business financing broker that works with a network of lenders. We are not a lender, and the lender pays us, not you.
Common Questions
Is this a real deal?
Yes. It comes from RAN Funding’s application records. We publish the business type, location, amount, month and time to fund, and nothing that would identify the owner or the lender.
Was this an SBA loan?
We do not publish the product or the lender on individual deals. Timelines of a few weeks can be a term loan or an equipment loan with fuller documentation; SBA files usually take longer still.
Can my business get the same amount?
Amounts are sized to deposits, time in business, credit and existing balances. A business with similar numbers in a similar industry would be presented to the same kinds of lenders; the offer depends on its own statements.
Does RAN Funding lend the money?
No. RAN Funding is a business financing broker. The lender in our network funds the deal and pays us when it closes.
Sources
- RAN Funding internal application records, October 2024 to October 2026 — RAN Funding
- 2026 Report on Employer Firms: Findings from the 2025 Small Business Credit Survey — Federal Reserve Banks, 2026
See What You Qualify For
One application, about five minutes, soft pull only. A funding specialist reads your statements the same day and tells you which products fit, what each costs and how fast it funds.