[fundit]

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?

[bizloanbroker]

Promac used to do these type of deals, are they still around?

[Chambo]

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?

If they are receiving insurance payments, why is it NOT reflected in the bank statements. They should be coming in as direct deposits.

[Chambo]

Promac used to do these type of deals, are they still around?

The go under the name PRO MED now...and they are owned by Rapid

[fundit]

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.

[Bryan@Lendio]

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

[BB_Cooper]

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
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[Alleon Healthcare]

Why is factoring not an option? we would consider factoring startups

[Bank]

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