Lines of Credit for Pharmacies
Pharmacies
Protect Cash Flow
We provide a line of credit tailored for pharmacies and healthcare companies, secured by their receivables and other assets. This credit line is designed to protect cash flow against unpaid invoices, with credit terms extending up to 90 days. It may also include claims pending payment from government payors and insurance companies.
Maintain Operational Efficiency
This flexibility allows pharmacies and healthcare businesses to maintain operational efficiency and invest in growth opportunities without the stress of cash flow interruptions. Additionally, our dedicated support team is available to assist clients in navigating their financing options and maximizing their funding potential.
This ensures that pharmacies can focus on providing quality care and services while having the financial resources needed to thrive. By leveraging an ABL line of credit, healthcare companies can better manage their resources and respond effectively to market demands.
Initial Criteria:
- Facilites from $5,000,000 to $50,000,000
- AR: Advances of accounts receivable financing up to 85%
- M & E: Advances up to 75% of appraised value of M&E facilities
- Inventory: Financing up to 75% of the net orderly liquidation value
- Commercial RE: Up to 50% of FMV on commercial real estate
Reliable Funding
A dependable line of credit not only promotes stability but also enables pharmacies to innovate and broaden their services. As they adjust to the changing healthcare landscape, access to reliable funding is vital for maintaining their competitive advantage.