Healthcare Cash Advances *
A healthcare cash advance is financing based off your future insurance receivables. It’s similar to a merchant cash advance, however, it’s only for businesses in the healthcare industry.
How Much Could I Qualify For?
Healthcare Cash Advance Benefits:
|Quick access to capital|
|No credit impact to get a quote|
|Eliminate short term financial needs|
|Flexible payment based on future receivables instead of a fixed amount|
Use Funds To:
|Buy new equipment|
|Manage short term capital needs|
What’s the process?
Apply online or speak with a dedicated business advisor.
Coordinate with healthcare insurance provider to transfer payments.
Have funds in as fast as 1 day.
Documents needed to apply
You only need THREE things to get started:
Government-issued photo ID (Drivers License).
Voided check from your business checking account.
Last three statements from your business bank account.
Healthcare Cash Advance Features*
The Healthcare Cash Advance Program is an innovative financing solution that provides you with the working capital you need in exchange for a percentage of your future insurance receivables. This is a great solution for home health care of medical businesses that need to wait 30, 60, or even 90 days for insurance income. Payments are made whenever paid by insurance provider.
Flexible and variable payment periods.
No fixed daily or weekly payments.
Easy, fast application.
Other Financing Options*
* Small Business Financial Solutions, LLC offers term loans (pursuant to its California Lenders License No. 603-I855) and factoring in California. Small Business Financial Solutions, LLC and Rapid Financial Services, LLC offer term loans, lines of credit and factoring outside of California. RFS Business Funding, LLC arranges term loans in California (pursuant to its California Finance Lenders License No. 603-J299) and arranges term loans, SBA loans, lines of credit, factoring, asset based loans, commercial real estate loans and business credit cards outside of California.