Medical Financing For Low Credit Score

LOW credit score | ACH cash advance

Healthcare ACH cash advance from $50,000

The determination of medical financing for clients with low credit scores is contingent upon each unique situation. However, approval chances are likely to be lower for clients with credit scores in the 500s.

Funding options include ACH business loans, merchant cash advances (MCA loans), lines of credit facilities, and commercial invoice factoring. These are helpful financial tools for medical practices and healthcare providers in general who are billing Medicare/Medicaid, private insurance, and other commercial customers but are experiencing cash flow problems due to unpaid invoices and payment delays.

WE WORK WITH:

Acute Care Facilities
Auditory Centers
Cancer Radiology Centers
Cancer Treatment Facilities
Chiropractors
Clinics
Diagnostic Imaging Centers
Dentists
Doctors
Drug Stores
Orthodontists
Pharmacies
Physical Rehabilitation Centers
Urgent Care Facilities
Veterinarians
And others

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 80% 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

Get Started