Results 1 to 9 of 9
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09-08-2014, 01:55 PM #1
- Join Date
- Aug 2014
- Posts
- 28
Health Care Funding
I have a company in the health care industry that is looking for funding. Business is up but is not reflected in the statements yet because most money is coming from medicare/medicaid/insurance. Does in the 750K-1 million annually. For various reasons, factoring is not an option. Are there any funders that will consider either a second position of buy out of current advance based on the accounts receivable that will be turned into cash in the next 30-90 days?
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09-09-2014, 07:08 AM #2
- Join Date
- Jun 2014
- Posts
- 195
Promac used to do these type of deals, are they still around?
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09-09-2014, 10:56 AM #3
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09-09-2014, 10:56 AM #4
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09-09-2014, 01:50 PM #5
- Join Date
- Aug 2014
- Posts
- 28
Business was down for a bit but has now picked up. It doesn't reflect in the bank statements as of yet because payments can take up to 90 days to come in.
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09-09-2014, 02:54 PM #6
- Join Date
- Sep 2014
- Posts
- 16
As long as they have at least $8K monthly deposits we can fund that at Lendio. Email me and we can see what we can get. Worst case scenario, you don't take an offer. Bryan.doom@lendio.com
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09-10-2014, 03:11 PM #7
- Join Date
- Jun 2014
- Posts
- 541
How long have they been back up on running?
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
logo-01smaller.jpg
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11-10-2014, 03:33 PM #8
Why is factoring not an option? we would consider factoring startups
Ben Rutkevitz
Alleon Healthcare Capital
benr@alleoncapital.com
(201) 340-6346
http://www.alleonhealthcare.com/
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01-12-2015, 03:17 PM #9
- Join Date
- Dec 2014
- Posts
- 114
yes ProMac is now ProMed. I deal with James Graydon over there. He is theRelationship Manager at ProMED Healthcare Financing
Phone: 631-901-1050 ext. 325
www.promedhcf.com
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