With reliance on the medical community at an all-time high, quality of care has never been more essential. For this reason, Doctor practices are taking a cue from small businesses in how they sustain daily operations—with a constant influx of cash flow being of the utmost importance. Similar to any business, challenges may occur that will impede payments, such as waiting for insurance claims, additional medical equipment and pharmaceutical costs—the list goes on and on. Regardless of the financial obstacles, loans are a necessity. Capital that can not only sustain a practice but help it thrive.
When approaching traditional or online lenders, medical practices need to have a small business mindset regarding loan preparation. You need to verify the daily data for your practice and your financials (accounts receivable and payable). Other steps you need to take are:
Within a few days of working closely with Upscale Capital, the funds were transferred.
Each question or concern I had was always answered in a timely manner. The company has a high level of professionalism.
I now have my preferred source of capital and I can feel relieved that I have a partner always alongside me.
The entire process takes just 2 minutes with no fee.
92% of the applications submitted are approved within 24 hours.
Funds are deposited to your bank account within hours of approval.
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