Our Credit Lines operate the same way a Traditional Bank Line of Credit operates But does not have many of the restrictive Covenants commonly found in Bank Credit Lines.
Cost can be as low as sub prime for established high credit Providers.
Bankruptcy and poor credit does Not preclude providers from the program.
Collateral is normally Third Party Pay Receivables (generally Medicare, Medicaid and Commercial Insurance, excluding Private Pay, Personal injury, and Workman Comp).
Real Estate and Equipment are normally excluded from the collateral, However in some cases may be included to expand the collateral base.
There are no hidden costs in the program.
Application process is simple, a one page Application form, Basic Information on your accounts receivable (If you have a computer report comparable to our Accounts Receivable Analysis Form it will be acceptable) your most recent and a previous year ending Financial Statement and P&L.
Application Costs Nothing.
If you have questions, please call us at:
800-296-0229
