LVRG Funding is now offering commercial funding programs developed specifically to address the needs and complexities of the healthcare sector. As a recognized leader in the small business loan space, LVRG has developed financing products designed to supply healthcare provider’s fast access to short-term funding for their business. Repayment is based on receivable collections and is not tied to a fixed amortization schedule. Funding is fast, flexible, and works in tandem with your existing revenue cycle process.
We have the flexibility to finance - advance and loan products against traditional electronic payment proceeds, as well as Government (Medicare/Medicaid) and Private Health Insurance. LVRG is able to underwrite accounts for the specific and unique nature of healthcare reimbursements, allowing clients to obtain capital for all their business needs.
Healthcare Financing - Funding Amounts from $10,000 to $1MM.
Funds can be used for any purpose that improves the business. Uses include, but are not limited to:
- 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.
Our exclusive, non-traditional cash advance solution helps keep your business running. 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. The changeover is painless. Healthcare industry businesses shouldn’t be judged by their credit rating alone. Our speedy but thorough underwriting process includes a brief interview and constant, open communication with your representative so we make sure you get the chance to tell your story behind the numbers before a decision is made. From expansion opportunities to covering reimbursements and payroll, we offer an understanding and strategic source of continuous cash flow for your healthcare business. We have the tools and expertise to help you improve your business on your terms.
Healthcare Industries We Fund:
- Home Health Care Services
- Hospitals, Physicians, and Physician Groups
- Mobile Medical M.D. and Nursing
- Clinics, Urgent Care, Acute Care Facilities
- Durable Medical Equipment Providers
- Laboratories, Pathology, and all Diagnostic Testing Facilities
- Infusion Centers
- Chiropractors & Chiropractic Clinics
- Diagnostic Imaging
- Medical Transportation Companies
- Skilled Nursing, Long and Short-Term Care Facilities
- Pain Management, Weight Management, and Wellness Centers
- Physical Rehabilitation & Substance Abuse Rehabilitation
- Eating, Sleeping, Speech, Hearing, and other Disorders
Our Healthcare Financing options are ideal for healthcare related businesses in need of a fast funding, with very flexible repayment terms based on insurance reimbursements. Ready to learn more?