Medical Industry
Our company offers three financial products for the medical industry: Medical Receivables Financing, Structured Financing, and Equipment Leasing.
- Medical Receivables Financing ($100,000 to $5,000,000)
This is not factoring.- This Facility funds medical receivables generated by Medicaid, Medicare, Major Insurance Companies, Federal, State and/ or municipal medical institutions. We can advance from 45% to 65% on medical receivables; in some instances a little bit more—depending on the overall situation and needs of the company.
- The Facility is not Factoring, we do not purchase your invoice(s) at a discount, we do however, use the accounts’ receivables as collateral. Additionally, we do not engage your Clients as in the case of factoring.
- The Facility may be used only for the time and amounts needed. There are no minimum usage amount requirements, or any pre-payment penalties.
- Full financial package is required.
- Structured Financing ($4,000,000 to $10,000,000). This financing includes a long term loan along with a revolving short term credit line. Full financial package required.
- Equipment Leasing: ($100,000 to $5,000,000). We can support your equipment needs. Full Financial Package required.
