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Physician line of credit

Practicing as a physician means dedication—but it shouldn’t always mean sacrifice. With a Truist physician line of credit, interns, residents, and fellows can have easy, up front low-cost access to cash to help them focus on what matters most.

Apply now to find the right loan , link opens in new tab

Or apply by phone if you have a Truist account. Call 844-487-8478.

  • $50,000 max line amount for medical residents and fellows
  • Variable rates as low as 11.75% APRDisclosure 3 Excellent credit required for lowest rate
  • $100,000 max line amount for board-certified physicians, dentists, and podiatrists

Key benefits

  • Competitive, variable interest rate. Rates from Prime + 4.00% to Prime + 7.99% APR.Disclosure 3
  • Easy access to cash that let's you focus on building a practice.
  • Minimal payments mean maximum flexibility—pay only interest during the draw period.Disclosure 2
  • Option to eSign for added convenience.

It's best for...

  • Managing personal expenses while focusing on your career.
  • Covering gaps in your finances during a hectic time.
  • Being ready for unplanned expenses.
Apply now for a Physician Line of Credit.

Or apply by phone if you have a Truist account. Call 844-487-8478

Why choose a personal loan or line of credit?

Finding the right loan is easy.

Tell us a little about yourself. We’ll show you options based on your needs. You complete a brief application. That’s it.

Decisions take just minutes.

Confidence can come quickly when you apply. Most decisions happen in under 15 minutes, and money may be available the same day.Disclosure 1

Tailor your borrowing to fit your budget.

Choose an option with the kind of rate that suits your needs—with a term you can be comfortable with.

Whatever your borrowing needs, you're covered.

Small loans for the unexpected. Revolving credit lines for added flexibility. The funds you need to meet your goals. You have options.

You may also be interested in these options.

Secured line of credit

Greet opportunities with confidence without disrupting your long-term investments. A Secured Line of Credit gives your balance sheet flexibility at a low-rate secured by your current investments. Contact a Premier banker to get started.

  • Lines starting at $25,000.
  • Get personal support from a Premier Banker.
View details about secured line of credit

Truist Ready Now credit line

Overdrafts or unforeseen expenses, a Truist Ready Now credit line has your back. Get fast access to cash and be protected from the higher cost of overdraft fees.

  • Lines range from $300 to $7,500.
  • No collateral required.
  • Available to clients with a Truist checking account.
Learn more about Truist Ready Now credit line

LightStream, an online division of Truist, offers additional unsecured loan options which may include different underwriting guidelines, product terms, fees and pricing. You can learn about LightStream by visiting LightStream.com.

A few other ways we can help.

Home mortgage

A new home—or a new mortgage—might look good on you. Check out our online tools to make your next move easier from start to finish.

Small business lending

Startup, co-op, or mom-and-pop, keep your cash flow healthy so you can keep your business moving.

Truist Wealth

Put your net worth to work. Explore customizable solutions for strategic credit and asset management.

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Loans and lines of credit are subject to credit approval.

Disclosure 1 Your loan officer will provide you with guidance on what documentation is needed to help expedite the approval process. You may be able to fund your loan today if today is a banking business day.

Disclosure 2 During the draw period, monthly payments of interest only do not reduce the amount of principal owed. At the end of the draw period, the line of credit will enter the repayment period. During the repayment period, the minimum monthly payment will be fixed and equal to 2.50% of the Outstanding Balance or $100, whichever is greater.

Disclosure 3 Subject to credit approval, eligibility and credit qualifications. Physician Line of Credit rates will vary with the market based on the Prime Rate. The Prime Rate means the highest per annum "Prime Rate" of interest published by The Wall Street journal, which 7.75% as of 12/1/24. For a Physician Line of Credit, standard APRs could range from Prime + 4.00% (currently 11.75% APR) to Prime + 7.99% (currently 15.74% APR) and are based on your credit line amount and creditworthiness. Excellent credit is required to qualify for lowest rates. At least 50% of approved applicants applying for the advertised rate qualified for the advertised rate based on data from 1/1/24 – 11/25/24 for a $5,000-$100,000 loan for 60 months or less. There is a $50 annual fee in GA, WV, TN and TX. There is a $20 annual fee in KY and IN. Other fees or costs may apply.

Disclosures

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  • May Lose Value

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Services provided by Truist Financial Corporation (Truist) affiliates: Banking products and services, including loans and deposit accounts, provided by Truist Bank, Member FDIC. Trust and investment management services provided by Truist Bank. Securities, brokerage accounts and /or annuities offered by Truist Investment Services, Inc., an SEC registered broker-dealer, and member FINRA and SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and GFO Advisory Services, LLC, SEC registered investment advisers. Some insurance products offered by Truist Investment Services, Inc. Other insurance products offered by McGriff Insurance Services, LLC (McGriff), Kensington Vanguard National Land Services, LLC (Kensington Vanguard) and Crump Life Insurance Services, LLC (Crump). Truist Life Insurance Services (TLIS) is a division of Crump, Arkansas License #100103477. Variable insurance material is for broker-dealer or registered representative use only. Variable products distributed by P.J. Robb Variable (PJRV), LLC, Arkansas License #100110185. Member FINRA.

McGriff, Kensington Vanguard, Crump, TLIS, and PJRV are not affiliated with Truist Financial Corporation or any of its subsidiaries.

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Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

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