Lines of Credit
Accounts receivable lines of credit for healthcare providersLines of credit for healthcare providers
Funding options are designed to help healthcare providers grow. Funding solutions from $100,000 to $15,000,000 per month in as little as 10 business days. We can consider certain situations with personal credit blemishes, poor historical financial performance, or other issues that would normally impact the borrowing ability of the company. Below are some highlights of our funding programs:
Medical Accounts Receivable Line of Credit
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$500,000 - $15,000,000
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Up to 85% Advance Rate
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Non-amortizing structure (interest-only payments)
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Get charged interest only on the amount of AR financed
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Covenant light
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We work with any medical provider that bills third-party insurance carriers
Medical Accounts Receivable Factoring Facility
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$100,000 - $3,000,000
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Up to 85% Advance Rate
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Choose which AR to factor
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Limited collection history acceptable
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SIMPLE PROCESS
Typically we begin with a phone call to understand your specific situation and funding requirements and to answer any questions you may have.
For a proposal, we ask for certain documents that include:
- Our application is signed by the owner(s)
- Current Accounts Receivable and Payables reports
- List of insurance companies, government payors
- Most recent profit and loss statement and balance sheet
ADVANTAGES
- Clients will be dealing with a direct source of private and institutional funds
- Competitive rates
- Advances on receivables as high as 85% on eligible ARs
- Simple - uncomplicated qualifying process
- Flexible terms. Financing can be structured to fit the business funding requirements
- Lockbox Account
ACCOMMODATING
- We can even consider clients with certain financial challenges or reorganizing in bankruptcy
- Services and solutions can easily be tailored to your specific needs
- Funding is designed to be flexible and grow with the business
- We can help bridge the financial gaps in operating business plans
We are part of a network of strategic partners specializing in funding solutions for medical professionals with financial services tailored specifically for the healthcare industry.