Our Loan Officer knew exactly how to meet our needs. We were approved for our loan in 24 hours. This short term loan allowed us to grow and we’re launching new products.
Your best option for Medical Physician Dental Business Capital Loans might be through a bank. Banks and SBA lenders rates tend to be lower than alternative lending. Even if you are told that you are a good candidate for a small business loan. Banks require extensive credit and financial documentation, and their approval processes are lengthy. If you are approved it can be weeks or even months before you get the capital you need. Business owners with bad credit or outstanding loans are unlikely to qualify for small business loans from traditional lenders.
Running a medical or dental office is a difficult task; allocating resources for purchasing or upgrading your medical equipment, changing regulations and rising business, liability and drug costs. Including payroll and training requirements eat up a lot of capital. A very common problem health professionals are facing. Insurance companies can take more than 4 months to pay a claim. This creates an unnecessary strain on your cash flow. Running a successful Medical Dental Health Service requires hard work, perseverance, and flexibility to succeed. Capital Business Loans can help with your working capital needs and allow things to run smoothly.
Business Loans Are Approved Quickly
The application process is different from other banks or lenders. We focus on the actual business performance that can be reviewed with a few months of bank statements. This allows us to be flexible on credit history checks and avoid the unlimited documents connected to your approval. We offer funding from $5000 to $250,000. The actual rate and term is dependent on the performance of the business. How much capital that can be borrowed, depends on the monthly deposits. There is very little paperwork involved this is the main reason why the application process is so quick. There is not a single bank in the country that can approach the efficiency and speed of what an alternative lender can do for you. We are 100% focused on helping you move your business to the next level.