BUSINESS CASH ADVANCE NETWORK AND MORE

Medical Funding

April 20, 2009 · Leave a Comment

FFA is a quick and easy way for medical and health professionals to secure short-term working capital without taking personal risk.

  • Less expensive, less cumbersome and less restrictive than standard receivable financing alternatives.
     
  • A working capital alternative to accounts receivable financing and traditional loans.
     
  • Based on practice or facility’s historical monthly collections including co-pays, and insurance receivables.
     
  • A lump sum payment option with an average collection period ranging from 4-12 months.
     
  • A less expensive alternative to equipment leasing.  (Good credit, collateral, and personal guarantees not required.)
     

FFA is an upfront, lump-sum cash payment whose repayment is based on the collection of a fixed percentage of a practice or facility’s future electronic payments including co-pays and third party receivables including insurance.

  • “Could your practice run more efficiently if it had $50,000-$100,000 of immediate working capital available to it?”
     
  • “Have you ever considered a working capital line, loan or factor to help finance your practice’s current cash flow needs?”
     
  • “Would you consider securing immediate financing for your business if it did not encumber your personal assets?”
     

If you’ve answered “yes” to any of these questions than FFA may be a perfect solution for your business.

  • No personal guarantee on repayment for normal course of business
     
  • No fixed payments or maturity date
     
  • Not encumbering personal assets for business related expenses
     
  • Not credit score or cash flow analysis based
     
  • No fees, closing costs, reviews or audits
     
  • Let unknown future sales pay for cash today
     

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