Professional practice financing especially for physicians, dentists and veterinarians is more confusing to the practice professional today than ever before. Certainly the present economic climate coupled with the new healthcare law have impacted financing but with the lowest default & charge-off rates of any small business in America, more lenders than ever before are now interested in serving practice professionals. Though this new interest in practice professionals is positive, very few business bankers truly understand the complexities of operating a professional practice, how it differs from a small business and how a dental practice differs from a medical practice or a veterinary practice, or even how a primary care practice differs from a specialty practice.
At Capital4HealthCare, we have served exclusively healthcare professionals for nearly three decades. Not only do we understand the differences in practice operations of a dental to a veterinary or medical practice but we understand the differences between a general or specialty practice. We understand every aspect of your practice operations, we understand insurance providers, fee for service and how each impacts cash flow, we understand the value of consultants to increase productivity, we understand the importance of marketing.
Capital4HealthCare has also created and nurtured excellent business relationships with many respected and prominent commercial banks and lenders, preferred & certified, national & regional SBA / USDA lenders, investment banks, institutional investors and specialty finance firms. We know who has ceased lending operations, who has started, what their lending criteria is and where a specific client will be best served resulting in funding to quickly, simply, and painlessly complete your funding request. Instead of contacting one lender after another hoping to achieve funding, consider Capital4HealthCare as your one stop for growth capital. There is a prudent reason why we are considered by many as “The Lending Tree” for healthcare professionals.
Our focus has always been to determine the amount of financing that is needed and justified by our clients, to obtain that financing for as long a term as is justified and to ensure the most favorable interest rate. Afterall, it is the proper balance of these three elements, not just the interest rate, that makes for a great financing package.
We serve clients regarding:
■Practice Acquisitions
■Practice Start-Ups
■Practice Mergers
■Practice Buy-Ins
■Partner Buy-Outs
■Practice Refinance*
■Practice Real Estate
■ASC, MRI, Lab Finance
■Equipment Leasing
■Merchant Services
■Asset Based Finance**
*Practice Refinance: We only entertain rate reduction practice refinances. The practice must presently show historical cash flow.
**Asset Based Finance: Only available for medical practices where a first lien position is available for accounts receivables.
Tell us about your goals, and we will help you understand the strategies you should consider. Contact us at 1-800-324-8808 or by email at mebailey@capital4healthcare.com.