One place to get real answers about financing your healthcare business.
Last Updated: September 26, 2025
Lyvora serves healthcare businesses across Canada—including pharmacies, multi‑location operators, dental & specialty practices, med‑spa/aesthetics, physiotherapy, chiropractic, optometry, imaging/diagnostics, primary & urgent care, and other allied‑health providers. We also support healthcare‑adjacent businesses (e.g., lab services, device vendors) when funding is tied to patient‑care growth. Typical use cases include equipment, expansion/renovations, working capital, acquisitions, and partner buy‑ins.
No. Lyvora is a Lending‑as‑a‑Service marketplace. We connect your single application to multiple healthcare‑friendly lenders and help you compare options.
Currently Canada‑wide. Select cross‑border or US‑based cases may be reviewed case‑by‑case—ask us.
Many lenders prefer 6+ months in operation, but strong profiles (e.g., signed contracts, transferable cash flow, experienced buyers) can be considered earlier.
Typical programs start around $15K+/month in gross revenue for established clinics. Startups and acquisitions are considered with a solid plan and collateral/guarantor strength.
Yes especially when there’s a clear demand story, operator track record, and equipment/vendor quotes.
Absolutely. We advocate for underrepresented owners and aim to reduce friction where possible.
There’s no single cutoff. Lenders look at overall risk: cash flow, debt capacity, collateral, guarantors, and repayment history. We’ll route you to the best‑fit programs.
We begin with your intake and documents. Soft pulls may be used during pre‑screening. Hard pulls occur only when you choose to proceed with a specific lender.
These Terms are governed by the laws of the Province of Alberta, Canada, without regard to its conflict of laws principles. Any disputes will be resolved exclusively in the courts located in Calgary, Alberta.
We may update these Terms periodically. Your continued use of the services after changes become effective constitutes your acceptance of the revised Terms. The “Last Updated” date at the top indicates the most recent changes.
Last Updated: September 26, 2025
Your Lyyvora Intake (short online form) + a light document checklist. We reuse what you already have to avoid duplication.
Yes with written permission we can coordinate to save you time.
For expansions or working capital, a brief use‑of‑funds + revenue impact is often enough. For startups/acquisitions, a concise operator plan helps.
Upload once → reuse across lenders. We maintain a secure profile so you don’t start from scratch each time.
No. We share with healthcare‑fit lenders only and only when you’re ready to proceed.
We retain personal information only as long as needed for the purposes above, to comply with law, and to resolve disputes. De‑identified data may be kept indefinitely.
Last Updated: September 29, 2025
Yes. bring your quote. We’ll align lenders familiar with that equipment category and resale values.
We can explore public or bank‑partner programs where available; we’ll also show non‑bank alternatives that move faster.
We’re primarily focused on business financing. For owner‑occupied real estate, we may introduce specialist partners.
Last Updated: September 26, 2025
Rates vary by product, risk, and term. Bank‑style term loans are generally lowest; equipment‑backed can be competitive; unsecured working capital prices higher. We’ll show apples‑to‑apples comparisons.
Depends on the lender/program. Many equipment loans allow prepayment with modest fees; some working‑capital products offer early‑pay discounts.
Fixed offers predictability; variable or interest‑only periods can help when cash flow fluctuates. We’ll map payment curves to your seasonality.
Lyyvora is typically paid by lenders upon a successful funding. For complex or time‑intensive mandates, a mandate/packaging fee may be discussed upfront always transparent.
We summarize all fees, term, payment schedule, and prepayment in a single cost view so you can compare true economics.
Often yes but structure, collateral, and guarantors can reduce cost. We’ll negotiate for the best risk‑adjusted outcome.
Last Updated: September 26, 2025
Signal from your data (sector, size, use‑of‑funds), historical fit, and lender appetite updates. We don’t spray‑and‑pray.
Absolutely. We’ll package once and coordinate with your existing relationships—and add alternates so you can compare.
Yes. Share your deadline (e.g., expiring vendor discount, takeover date). We’ll coordinate fast‑track options.
No. We control outreach to limit unnecessary pulls. Hard checks happen only when you proceed with a specific lender.
Yes, especially when your file is strong and packaged cleanly. Competition often improves price/structure.
We’ll explain why, suggest fixes, and (where viable) re‑route to a better‑fit program.
Yes. We maintain a secure profile so renewals or new equipment are faster next time.
Last Updated: September 26, 2025
Intake + docs → pre‑screen within 1–2 business days. Initial lender feedback commonly 2–5 business days after a complete package. Complex deals take longer.
Yes. Share your deadline (e.g., expiring vendor discount, takeover date). We’ll coordinate fast‑track options.
We provide a side‑by‑side summary: rate/APR, term, payment, fees, covenants, prepayment, funding timeline, and special conditions.
We do working with you, your accountant/lawyer, and the lender to avoid last‑minute surprises.
Yes. We often negotiate rate, term, security, and covenants based on your story and comparable deals.
Last Updated: September 26, 2025
Yes. We remain your first line for clarifications, covenants, or renewal planning.
Often after 6–12 months of on‑time payment—or sooner if performance exceeds plan.
Yes with written permission we can coordinate to save you time.
We refresh key docs, confirm use‑of‑funds, and check current lender appetite to secure better pricing or longer terms.
We’ll help you compare and switch when there’s a clear economic win after fees and prepayment costs.
Yes. Keeping your Lyvora profile updated makes each new raise faster.
Last Updated: September 26, 2025
Yes. We work with lenders who understand multi‑site operators and inventory dynamics to avoid over‑penalizing growth.
Consider interest‑only periods, step‑ups, or revolving facilities aligned to claim cycles and busy seasons.
Yes with written permission we can coordinate to save you time.
We align lenders comfortable with cash‑flow lending plus seller notes or earn‑outs to balance risk.
Show deposit logs, influencer contracts, and equipment ROI, we’ll target lenders who price to traction, not just history.
We’ll explore equipment‑backed, hybrid, or revenue‑based programs with clearer covenants.
We’ll seek lenders willing to limit security to new assets or specific UCC filings.
