Wrenmoor Funding, a small-business funding service in Chattanooga, TN, places requests from Hamilton County, TN chiropractors, physical and occupational therapists, optometrists and other practitioners with funding partners. Typical needs are treatment tables, therapy and eye-care equipment, added rooms and payroll during reimbursement lag.
| Practitioner practices with employees (county) | 256 (CBP 2023) |
|---|---|
| Firms with one to four workers | 63.3% (CBP 2023) |
| Paid employees | 1,580 (CBP 2023) |
| Nonemployer businesses | 899 (NES 2024) |
Small Practices With Specialized Gear
Offices of other health practitioners (NAICS 6213) cover chiropractors, physical, occupational and speech therapists, optometrists, podiatrists and similar clinics. Most are small, owner-led practices that rely on a few expensive pieces of equipment and a mix of insurance and self-pay revenue.
That mix shapes funding. Self-pay visits settle on the day; insured visits settle weeks later. Equipment, on the other hand, has to be paid for before the first patient uses it.
Hamilton County, TN Practitioner Offices
| Measure | NAICS 6213 |
|---|---|
| Firms with a payroll (CBP 2023) | 256 |
| Paid employees (CBP 2023) | 1,580 |
| Wages paid over the year (CBP 2023) | $72.4 million |
| Share under 5 employees (CBP 2023) | 63.3% |
| Of those, inside ZIP 37406 (ZBP 2023) | not published |
| Firms without paid employees (NES 2024) | 899 (NAICS 6213) |
These are the smallest of the county's health employers: 63.3% of the 256 employer offices had fewer than five employees in 2023, and by our arithmetic they averaged about 6.2 employees each (CBP 2023). Nonemployer Statistics counted a further 899 practitioner businesses with no paid staff in 2024, a separate program and year.
Chiropractic Equipment Financing
Adjusting and decompression tables, X-ray, rehab equipment and practice software are typical chiropractic equipment financing requests. They fit equipment financing, where the equipment secures the deal.
Optometry equipment financing
Optometry practices finance exam lanes, retinal cameras, OCT units and lens edgers, plus the frame inventory on the showroom wall. Optometry practice loans for a second lane or a refit often combine equipment financing with a term loan for the build-out.
Funding a physical therapy practice
Therapy clinics finance treatment tables, modalities, gym equipment and the space to put them in. Business loans for a physical therapy practice that is adding a room usually pair a term loan for the fit-out with equipment financing for the gear.
Working Capital for a Chiropractic Business Between Claims
Payroll for front-desk staff and assistants, rent and supplies come due monthly. When insurer payments lag, working capital covers the gap and is repaid as claims are paid. Partners usually read bank statements and a summary of receivables.
A new-room example (illustrative only)
A sample therapy clinic adds a treatment room: $23,000 of fit-out and $17,500 of equipment. The equipment is financed on its own term and the fit-out on a short term loan, so each payment tracks what it bought. Figures are invented for the arithmetic.
What Partners Review for Practitioners
- Bank statements and monthly collections
- Insurance versus self-pay mix
- Practitioner count and time in practice
- Equipment quotes and the lease
Packages, Memberships and Self-Pay Visits
Many practitioner clinics sell treatment packages or monthly memberships. Those payments arrive up front or on a steady schedule, which smooths the gaps left by insurer timing. Partners can see that pattern in bank statements, so it is worth pointing out on the first call.
Package revenue collected in advance is still owed in visits, so a clinic should not treat it as free cash when sizing a funding request.
Care Plans, Claims and Cash-Pay Visits
- Care plans or visit packages may be paid in advance, which brings cash in before the visits happen.
- Insured visits are billed after the appointment and paid on each plan's timetable.
- Therapy practices may wait on authorizations before a course of treatment can be billed.
- Optometry adds frames and lens inventory, bought before it is dispensed.
A practice with a growing insured share can find its cash tightening as visits rise, because more revenue sits in claims.
Paying Off a Treatment Table (Illustrative Only)
A sample chiropractor buys a decompression table for $22,000. If it adds 12 self-pay sessions a week at a sample $60 each, it brings in $720 a week, so roughly 31 weeks of sessions to match the purchase price before any running costs. The figures are invented; the useful step is doing this sum with your own visit counts before asking for chiropractic equipment financing.
Business Loans for Physical Therapy and Chiropractic Practices: Paperwork
- Visit counts and collections by month
- Payer mix: insured, self-pay and package revenue
- Prepaid care-plan balances still owed in visits
- Quotes for tables, laser or exam equipment
- Twelve months of bank statements and the last two returns
Independent Practitioners in Hamilton County, TN
Nonemployer Statistics counted 899 other health practitioner businesses with no paid employees in Hamilton County, TN in 2024, with $55.1 million in receipts, about $61,245 each by our arithmetic (NES 2024, NAICS 6213). The group includes chiropractors, therapists and optometrists working alone, and it is reported separately from the 2023 employer counts.
Related Pages
Physician and dental practices have their own pages on the industry index, and county figures are on the Chattanooga, TN page. Patient payment plans and student loans are consumer products and are not covered here.
By Wrenmoor Funding · Updated
