Medical / 8m in ar
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  1. #1

    Medical / 8m in ar

    Have a company who gets paid by Medicare &medicade so they cant do regular factoring. They have 8M in ar & would like to get a loc or something attached to it. He rents oxygen,beds,wheelchairs. 10k Patients. Does anybody have any suggestions for who to go to in this scenario?

    Email - submissionsjace@gmail.com

  2. #2
    Senior Member Reputation points: 73140 Olderguy's Avatar
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    Have you talked to Alleon?
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Quote Originally Posted by Olderguy View Post
    Have you talked to Alleon?
    We are talking now, glad to hear the name going around; seems likes they are known & legit. Looking for alternatives just in case.

  4. #4
    Senior Member Reputation points: 338677
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    Quote Originally Posted by Jhowen19 View Post
    Have a company who gets paid by Medicare &medicade so they cant do regular factoring. They have 8M in ar & would like to get a loc or something attached to it. He rents oxygen,beds,wheelchairs. 10k Patients. Does anybody have any suggestions for who to go to in this scenario?

    Email - submissionsjace@gmail.com
    eCapital or SLR Healthcare

    If they are renting are they pre-billing? Pre-Billing is difficult to finance.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
    Senior Member Reputation points: 73140 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,281

    Siena Healthcare Finance too
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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