With a Chiropractic Cash Advance, LVRG provides fast working capital exclusively to businesses in the chiropractic industry. In as little as three business days, you can receive capital for anything your business needs.
Unlike typical cash advance lenders who only consider credit card receipts, LVRG understands that as a chiropractor, credit card sales only constitute a tiny portion of your overall revenue. That’s why when qualifying for a LVRG Chiropractic Cash Advance, the amount your business is able to receive is based on your historic volume of insurance receivables as well as credit card receivables. By considering insurance receipts from any private or government insurance provider, including Medicare and Medicaid, we can offer substantially larger financing amounts with a much lower cost of capital than other traditional cash advance lenders.
Instead of taking a fixed daily, weekly, or monthly amount, repayment occurs through collection of a predetermined, fixed percentage of future insurance receivables. We only get repaid as you're repaid from any or all of your insurance processors.
Our approval process is painless. All we need to determine how much you qualify for is a one page application and your four most recent months of bank statements. We’ll determine which insurance types it makes sense to use as a repayment method and what percentage of those insurance types we’ll hold back to repay the financing. Within a few hours we’ll provide a completely free, no-obligation quote for your consideration. Our primary goal is to help your chiropractic business grow. After discovering the speed and ease of acquiring additional funds, the majority of our clients decide to renew. We may be providing short-term financing, but we also strive to be your long-term partner in improving your chiropractic business’ cash flow.