Lines of Credit

Healthcare and Medical Accounts Receivable Line of Credit

Lines of credit on medical accounts receivables


A medical accounts receivable line of credit gives healthcare providers and companies in the healthcare industry the option to get the full credit amount upfront or when they need it. The facility is designed to help healthcare providers eliminate cash flow problems caused by unpaid invoices.  Below are some highlights of our funding programs:

Medical Accounts Receivable Line of Credit 

  • $500,000 - $15,000,000

  • Up to 85% Advance Rate

  • Non-amortizing structure (interest-only payments)

  • Get charged interest only on the amount of AR financed

  • Covenant light

  • We work with any medical provider that bills third-party insurance carriers

Medical Accounts Receivable Factoring Facility

  • $100,000 - $3,000,000 (below $100,000 - click)

  • Up to 85% Advance Rate

  • Choose which AR to factor

  • Limited collection history acceptable

  • We work with any medical provider that bills third-party insurance carriers

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 consider certain situations with personal credit blemishes, poor historic financial performance
  • Consider other issues that would normally impact the borrowing ability of the company
  • 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 that are tailored specifically for the healthcare industry.

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