Blog: Uncategorized

From time to time, just like any small business owner, doctors and other healthcare providers may need outside financing to invest in growing their businesses or to plug cash flow gaps.
When money is tight, small business owners have a variety of financing options available to them. They can sell equity to investors, they can apply for small business loans through the SBA, or they can try to secure funding through traditional financial institutions.
Even when things are going as good as they possibly can, there are still times when the most insightful and prepared business owners are faced with cash shortages.

It’s true that many banks look favorably on physicians and dentists. Everyone needs to maintain good health, and no one wants their teeth to rot. Medical services, as we all know, can be expensive. Because such services are always in demand, banks figure doctors will have a much easier time

There’s this perception that every medical practice in the world is flush with cash. That couldn’t be further from the truth. Doctors routinely run into cash flow problems for a variety of reasons. Expenses can pile up. Sales cycles can keep expanding. Customers can be slow to pay. Insurers can

As hard as it may be to believe, 82% of small businesses are forced to close their doors sooner or later because of cash flow problems. So first things first: If your company is running into cash flow problems, take comfort in the fact that you’re not alone.

    What are your average monthly sales deposits to your Business Bank Account?

    How long has your business been active?

    How much funding do you need for your business?

    What is your estimated credit score/rating?

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