Medical Doctors and Physician Financing
Medical Doctors | Physicians
Medical doctors and physicians who bill commercial customers, private insurance, Medicaid, Medicare, PPOs, and HMOs can benefit from factoring and claims financing. These flexible options are designed to assist with cash flow.
Highlights of our AR funding programs are below.
Medical Accounts Receivable Line of Credit
- $500,000 - $15,000,000 (below $500,000 - click)
- 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 may be 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:
- Get cash upfront for claims instead of waiting to get paid by insurance carriers.
- 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.
- An AR line is much cheaper than equity and less restrictive than a bank loan.
By improving liquidity, healthcare providers can ensure they have the necessary resources to meet operational expenses and invest in patient care. This financial support allows them to focus more on their practice rather than the complexities of cash flow and billing, and collections.
Need Cash Now?
If your medical practice or healthcare business requires quicker funding to cover payroll, general expenses, or expansion, we provide revenue-based loans that can be approved and funded within just 2 to 3 days. For more information, click here.