With a Healthcare Cash Advance, LVRG provides fast working capital to dentists and dental practices all across the country. In as little as three business days, and funding amounts from $15,000 to $1 Million, you can receive capital for anything your dental practice needs; such as:
- Payroll Bridge
- Equipment Purchase
- Practice Acquisition / Practice Expansion
- Inventory / Supply Purchase
- Bridge Health Insurance Reimbursement Delays
- Hire and Train Staff / Bridge Credentialing Period
- Advertising / Marketing
- Upgrade Technology
- Pay-off Vendor Bills
- Any Other Use that Improves Business Performance and Solves Short-Term Financial Needs
Unlike typical cash advance lenders who only consider credit card receipts, LVRG understands that as a healthcare business credit card sales only constitute a tiny portion of your overall revenue. That’s why when qualifying for a LVRG healthcare 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 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 business’ cash flow.
With LVRG, you get the working capital you want right when you need it. With minimal paperwork and qualifications, no hidden fees, and no restrictions on the usage of funds, you can receive capital for anything your dental practice needs in as little as three business days. Why do dentists choose us for a healthcare cash advance? When you receive healthcare financing for your dental practice from LVRG, you’re getting funding with industry-leading speed that can be used without restriction. Whether it’s for expansion, bridging payroll, hiring new personnel, advertising, or buying anything from a new building to office furniture, you can use the funds for whatever your business wants or needs! Our healthcare advance product is a perfect fit for dentists and dental practices that require more than a traditional loan can offer in a shorter period of time.
Dentists and dental practices throughout the country are growing and thriving thanks to financing from LVRG. Let us show you how easy it is to do the same. Call (855) 998-5874 or click below.