How funding works for medical practices
Four steps from a shortfall to funds in the account, in the order a practice encounters them. No credit inquiry occurs until you select an offer.
- 3 minutes
Tell us the practice and the gap
Specialty, collections, what is coming. Three minutes, no credit pull.
- Same day
Send statements and the aging report
Bank statements show deposits; the A/R aging shows the receivable the funding sits against.
- 24–48 hours
Compare advance, practice line and equipment financing in dollars
Amount, total payback, remittance, APR-equivalent beside any factor rate.
- A business day after signing
Fund and remit as the payers do
Funding usually within a business day of signing; weekly remittance sized to collections.
What we request, what you receive, what we decline.
What we request
Three months of business bank statements, plus documentation of the money in process: a payer contract, a claim, a schedule. Tax returns are not needed at the outset.
What you receive
Each option is stated as amount, total payback, remittance schedule and prepayment terms, with the APR-equivalent beside any factor rate. If a partner declines to put this in writing, we do not place the deal.
What we decline
A second advance on the same deposits to cover the first, a remittance that outpaces the practice's payer remittances, or an amount the location cannot carry. We will say so, and explain what would need to change.
The revenue cycle, and where funding belongs in it.
- Day 0
Visit
The service is delivered; the claim is coded and submitted within days.
- Day 14–45
Adjudication
Commercial payers remit in 30–45 days, Medicare ~14, Medicaid longer; denials restart the clock.
- Day 60–90
Patient balance
Co-pays at the desk; the rest billed after the EOB, collected over 60–90 days.
- 60–120 days
Credentialing
A new provider bills nothing for 60–120 days while payers credential them.
- Once a decade
Equipment
A CBCT, an ultrasound or a dental chair is $40,000–$250,000 and lasts a decade.
Four instruments, chosen to suit the practice.
- Merchant cash advance
The purchase of a fixed amount of future receivables, remitted daily or weekly. It is fast, sized to the practice's payer remittances, and should be fully understood before it is accepted.
Funding in 1–3 days- Revenue-based financing
Remitted as a percentage of revenue, so slower weeks remit less. It suits practices with seasonal volume or uneven receivables.
Up to 12–18 months- Equipment financing
Secured by the equipment itself, which generally means lower cost and longer terms than unsecured capital.
Terms of 2–7 years- Business line of credit
Available to draw as needs arise, with cost tied to what is used. Best suited to a recurring shortfall rather than a single expense.
Revolving
Send us the practice's numbers. We'll show you the cost.
Begin with the amount and the date it is needed. There is no obligation and no credit pull to start.