View Real Life Scenarios of Heath Care Financing in action
Serviced by:
Health Care Providers can qualify for Accounts Receivable Funding
using third party medical receivables such as Commercial Insurance Claims
or Medicare Claims. Our Funders will purchase your Medical Receivables and
pay you up to 80% of the claim's amount in 3 to 7 days. The balance of the
receivable will be paid to you, less a financing fee, after the claim is
paid. There are several programs available depending upon the amount of eligible
Medical Receivables to be financed; the mix of the Medical Receivable types
and the historical track record of your staff in collecting Medical Receivables.
The best programs offer financing fees starting at 1% per month, on a minimum
of approximately $250,000 of monthly Medical Receivables purchased by our
Funder. There is also a reserve established to protect the Funder. For loans of
$2.0 Million and above, rates are considerably lower and advances can be made
against accounts receivable, inventory, equipment, and real estate. To facilitate
this type of financing, we need a breakdown of your claims by category, with
the appropriate payer and aging information.
Leases are available for business equipment, such as Copiers, Fax
Machines, Computers and Medical equipment, with flexible payment terms and
various purchase options, including returning the equipment at the end of
the lease term. (For more information go to Capital
Equipment Lease section )
Mortgages can be arranged to finance the purchase of your office building
or office condominium. Payment terms range from fifteen to twenty five years
with fixed and floating rate programs available. All types of properties
will be considered. (For more information go to
Commercial Mortgage section )
Unsecured loans up to $50,000 can be arranged with up to five years,
fully amortized payment terms for Health Care professionals. Qualification
for this type of financing depends on your credit, profession and income
history. (For more information go to Unsecured Loans
section)
View Real Life Scenarios of Heath Care Financing in action
Request Additional Information