Pharmaceutical AR Credit Lines

Growing pharmacies can secure a line of credit with their accounts receivable to enhance their growth. You can obtain upfront capital on pending claims without having to wait for insurance carriers to pay. The line of credit option is available to most pharmacies, including compounding contract specialty pharmacies and other pharmaceutical companies.

 Below are some highlights of our AR line of credit option:

Pharmacy 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

Pharmacy Accounts Receivable Factoring Facility

• $100,000 - $3,000,000

• 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

Three top reasons why AR line of credit or medical invoice factoring can help pharmacies:

1. Get cash upfront for claims instead of waiting to get paid from insurance carriers.

2. Medication costs can be very high. Improved cash flow will allow a pharmacy to pay wholesalers faster, allowing the pharmacy to qualify for early payment discounts. In some cases, these discounts cover the cost of the AR line.

3. An AR line is much cheaper than equity and less restrictive than a bank loan.

Available cash allows pharmacies to pay their medication wholesalers faster, which may allow them to qualify for early payment discounts. An AR line is less restrictive than a bank loan and can even be much cheaper than equity.  We are part of a network of strategic partners specializing in funding options for pharmacies and others in the healthcare industry.

Get Started