$1.1M Business Line of Credit & Expansion Financing for Veterinary Hospital in Burnaby, BC

A Burnaby-based veterinary hospital secured $1.1 million in tailored expansion financing through Syndicate Lending Corporation to support facility growth and meet increasing client demand.

Client: Burnaby Veterinary Hospital

Loan Amount: $1,100,000

Purpose: Clinic expansion, equipment upgrades, operational growth

Location: Burnaby, British Columbia

Business Line of Credit for Veterinary Clinic Expansion

A well-established veterinary practice in Burnaby faced a common challenge among growing medical facilities: rapidly increasing patient demand paired with limited space, aging equipment, and the need for expanded service capacity.

Despite steady revenue, a strong track record, and decades of community presence, traditional lenders hesitated due to the specialized nature of veterinary operations and the clinic’s combined need for renovation and working capital.

The hospital required fast, flexible funding, and a business line of credit provided the ideal solution to:

• Expand treatment and examination rooms

• Upgrade diagnostic and surgical equipment

• Hire additional veterinarians and support staff

• Maintain smooth day-to-day operations while growing

By leveraging a business line of credit, the clinic could access funds as needed, ensuring operational flexibility during the expansion while controlling costs effectively.

Financing Structure and Strategy

Syndicate Lending Corporation (SLC) structured a $1.1 million expansion package, incorporating a business line of credit to provide ongoing working capital alongside project-specific financing.

SLC strengthened the application by highlighting:

• The hospital’s consistent revenue history and client retention

• Community reputation and service backlog

• Detailed expansion plans with projected revenue growth

Through our curated lender network, SLC secured approval with a financing partner experienced in medical and specialty healthcare sectors, enabling both immediate upgrades and long-term clinic development.

Outcome

The veterinary hospital successfully completed its expansion, improving diagnostic and treatment capabilities and streamlining patient flow. The business line of credit and tailored financing enabled the clinic to:

• Add new examination and treatment rooms

• Acquire advanced diagnostic and surgical equipment

• Recruit additional veterinarians and support staff

• Shorten appointment wait times and increase operational efficiency

• Expand patient capacity and overall revenue potential

The financing positioned the clinic as one of Burnaby’s premier veterinary care providers, supporting sustainable growth while maintaining continuity of care.

SLC’s flexible financing solutions, including a business line of credit, empowered the hospital to meet rising demand, enhance services, and secure long-term operational success.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.

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