Call (865) 326-1090 or send the form, and keep the vendor quote at hand. From there Boldwick hands the request to a funding partner, whose call it is whether an offer follows.
Four patient monitors and an EKG cart on a 48-month payment, a spirometer and three power exam tables compared as a lease and a loan, a 60-day vaccine order draw, and Sevier County, TN physician office counts.
At a glance
- Offices of physicians, Sevier County, TN
46 (CBP 2023)
- Offices of physicians with fewer than 5 employees
10 (CBP 2023)
- Physician offices with a ZIP 37862 address
30 (ZIP Code Business Patterns 2023)
- Physician offices with no paid employees, county
23 (Nonemployer Statistics 2024)
What a Sevierville, TN medical practice gathers before financing patient monitors and an EKG cart
Patient monitors and an EKG cart are movable equipment: they roll between rooms and plug into the wall. For equipment financing or a term loan, the practice can gather a few items before it calls:
- The vendor quote listing each monitor, the EKG cart and any service plan priced separately
- Recent business bank statements for the practice
- The date the practice began seeing patients under its current name
- Whether the old monitors go back as a trade-in, which lowers the amount requested
Any of these may come up in a partner's review; rate and term are the partner's to set. Boldwick does not decide on a request; it matches the cost to a funding type and a partner.
Patient monitors and an EKG cart on a fixed payment: a Sevier County, TN physician office example
Illustration only, invented figures: a Sevier County, TN physician office buys four patient monitors at $3,870 each and an EKG cart at $4,000, a $19,480 package, and finances all of it over 48 months at an invented 10.65% annual rate.
The office in this invented case would send $500.17 each month. After the 48th payment it has paid $24,008.16 in all, and $4,528.16 of that is interest, by our arithmetic. A term loan with the same inputs gives the same figures; the difference lies in who holds title and what secures the debt, which the partner states in the offer.
Leasing or borrowing for a spirometer and power exam tables at a Sevierville, TN practice
Illustration only, invented figures: a practice prices a spirometer at $4,470 and three power exam tables at $5,800 each, $21,870 together. As a 36-month loan at an invented 11.3% annual rate, that is $719.11 a month and $25,887.96 over the term.
A fair market value lease on the same items is quoted, also invented, at $655 a month for 36 months, $23,580 in total; if the equipment were valued at an invented $2,400 at the end, keeping it would bring the lease to $25,980, $92.04 more than the loan (our arithmetic).
Under the loan the practice owns the tables and spirometer from the first payment; under the lease it owns them only if it pays the end-of-term value.
Vaccine orders on a credit line at a Sevier County, TN medical practice
Illustration only, invented figures: a Sevier County, TN family practice receives a $7,850 vaccine invoice due in 30 days, while payment for the doses comes in over the following two months. The practice draws the invoice on a business line of credit and pays the draw down by day 60.
At an invented 12.95% annual rate with simple daily interest, those 60 days come to $167.11 before fees, by our arithmetic. A line that sits unused between orders may still carry an annual fee, which the partner discloses with any offer.
The same invoice could be paid with a short working capital loan instead. The difference is what happens next time: a loan is paid down once and closes, while a line can be drawn again for the next vaccine or supply order without a new request. An office that orders in large lots several times a year gets more use from the line; one large order a year fits the loan.
Sevier County, TN physician offices in Census counts: employer offices, ZIP 37862 and solo practices
County Business Patterns placed 46 offices of physicians in Sevier County, TN in 2023 (NAICS 6211), and 10 of them had fewer than five employees. The wider health care and social assistance sector had 179 establishments in the county that year.
In ZIP Code Business Patterns for 2023, physician offices with a ZIP 37862 address numbered 30. In a separate program, Nonemployer Statistics counted 23 physician offices with no paid employees in the county for 2024, with $3,864,000 in receipts.
For the office city itself, see the Sevierville, TN page; dental offices have a note on the industries page.
By Boldwick Funding Group ยท Updated
