Financial Services for Medical Clinics
Clinics
From $200,000 to $3,000,000 (below $200,000 - click)
Factoring and receivables financing solutions for clinics, combined with funding from Medicaid, Medicare, and insurance claims, can provide valuable options for clinics experiencing cash shortages due to unpaid invoices or delayed claims payments.
Unlike banks and other traditional lenders, we offer specialized, flexible funding options utilizing your receivables, including Medicaid and Medicare claims, private insurance, PPOs and HMOs, and other commercial receivables. We provide options that enable the business to progress without facing cash flow issues.
SIMPLE PROCESS
We begin with a phone call to understand the specific funding requirements of your clinic and 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
- Clinics 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 clinics 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