Pharmacy Loans to Finance Your Business

Pharmacy Loans from Greenbox Capital are catered to independent pharmacists who want to expand their services, invest in specialist training, and offer more on-site patient services.

If you need access to working capital, complete our application to find out if you apply for a pharmacy loan.


Most of us admit to feeling overwhelmed in the midst of our full-time, full-speed, all-access digital age. If you’re a small business owner seeking advice on operating and growing your company, but cannot maneuver through the massive amount of information, your situation can get urgent pretty quickly.

You need a pharmacy funding solution  if you’re an independently owned and operated pharmacy. Otherwise, how do you both “diversify your revenue stream,” as suggested in a recent article in The Independent Pharmacist, AND “find your niche,” as recommended by a pharmacist continuing education provider? Even though the advice seems contradictory, it’s possible to mesh the two and create a burgeoning independent pharmacy.

That’s where Greenbox Capital comes in with its pharmacy loans. Having access to working capital enables your business to be nimble, strategic and smart. While the precise details on your journey to success vary, you can be sure that access to working capital is a proven requirement. It’s your key to fulfilling your potential as a prosperous small business enterprise that dispenses medications and provides patients a frontline connection to their drug therapy.

pharmacy business loan

The economic outlook for independent pharmacies is bright. Independent pharmacies still outnumber big chain pharmacies,¹ even though they are currently facing some of the toughest challenges in their history. Decreased reimbursement rates, exclusion by PBMs for Medicare prescription drug plans, and the steady growth of chains and supermarket pharmacies make it crucial for independent pharmacies to secure their future now. They can do this with Greenbox Capital’s pharmacy funding solutions. As stated above, it’s true that as an owner of an independently-owned pharmacy, you need to retain your unique value to customers and strengthen the hallmark of what you truly are: a trusted community partner. 

Independent Pharmacy Niche Opportunities

  • Offer special clinics not only onsite but bring your flu shot clinics and blood pressure screenings to local businesses
  • Add compounding services
  • Invest in training for your pharmacists to become specialists such as HIV or Geriatric-certified 

Next, after you zero in on a strategy to discover and fine-tune your niche, you’ll also want to add new revenue streams to prevent dependence on any speciality that could be vulnerable to inherent uncertainties. We have designed pharmacy lending strategies that will help you get ahead of the competition.

Independent Pharmacy Diversification Opportunities

  • Capitalize on technology and launch telepharmacy services. The advantage is the ability to grow your customer base without increasing pharmacy staff
  • Increase your inventory offering by adding medical supplies 
  • Add specialty drug dispensing to your menu. Specialty pharmacies have been called a “gold rush” with over 40% of drugs in development falling within this category

How to Finance Your Pharmacy Success

Pharmacies usually have high-volume credit card transactions. This makes them particularly suited for merchant cash advance services from Greenbox Capital. Also called “credit card receivable funding,” it’s one of the fastest and easiest ways to obtain a cash infusion for your business growth. Business cash advances from Greenbox Capital can be as small as $5,000 as a short-term pharmacy finance solution to cover payroll or handle an emergency repair. A larger working capital business cash advance of up to $250,000 is also possible. Whatever amount your business qualifies for, a long and prosperous future is available in as few as 24 hours.

Small business enterprises averaging $7,500 monthly revenue for each of the past three months can qualify for a cash advance equal to 70% to 100% of their monthly revenue, up to $250,000. Applying is easy and quick. We ask for very little paperwork and no personal collateral is required. Qualification is primarily based on the strength of the business. Poor personal credit history is not an automatic disqualification for a small pharmacy business loan² or Merchant Cash Advance³. Since our aim is your success, our funding advisors and in-house underwriters make decisions based on your business’s stability and potential. This is where Greenbox Capital’s strengths as a direct and alternative lender really make a difference.

Greenbox Capital: Positively Different from a Bank

We have no middlemen markups so our business advances are affordable. Plus, we are not bound by stringent pharmacy lending requirements, like banks which rely on your credit score, review months of bank statements and years of tax returns. Banks reject most small pharmacy business loan applications due to the size of the loan, type of business, or credit reasons.

Come to Greenbox Capital and experience something positively different from banks. We provide personal service and take an up-close and personal look at your business when making our decisions. We believe in small business success and focus on providing the financial support these companies across the US, Puerto Rico and Canada so vitally need. 

If your sales volume or credit card receipts are not strong enough for an unsecured Merchant Cash Advance or small pharmacy business loan, ask Greenbox Capital funding advisors about collateral-backed or asset-backed financing. You could qualify for a cheaper rate with collateral-backed financing. Payback options are also convenient and automated. They are designed to fit into your business operations and require little or no administrative work on your end. 

Choose Split-Funding or Automated Clearing House (ACH) payback models. Fixed ACH payments are deducted directly from the business bank account either daily or weekly. This pharmacy finance solution is ideal for the business owner who keeps a close watch on cash flow. Knowing how much is due helps business owners manage cash flow. Once you’ve paid 50% of the cash advance, Greenbox Capital may renew the advance and increase the amount of cash available. If you qualify for a Business Line of Credit, you may be able to renew without first paying back 50% of the original advanced amount. This keeps cash ready for fast access.  

Greenbox has other ways for you to benefit from pharmacy lending. Along with a line of credit, other programs include our Early Pay-off at 30, 60, or 90 days from the date of funding to receive a discount. For every 30 days that the advance is paid early, you can receive a reduction in factor rate. Our Escrow Program enables you to receive funding prior to paying off existing cash advances with another lender. A 3 Stip Business Cash Advance only requires a voided check, driver’s license, and bank account verification via decision logic or screen share. It’s possible to receive up to $30,000 through the 3 Stip Business Cash Advance program. 

¹ Source: 2014 National Community Pharmacists Association
² Greenbox Capital Small Business Loans may not be available in all regions of the United States or Canada.
³ Greenbox Capital Merchant Cash Advances may not be available in all regions of the United States or Canada.


For a free consultation, please complete our application or contact our Merchant Account Service Team to learn more about our pharmacy loans.