As great as it is when you see your practice start to grow, you may find quickly that you were not quite prepared for the explosion that you see. While the goal is always to increase the number of patients so you can supply proper care and establish your practice when you have more patients than you may have been prepared for, you may find that you and your staff get a bit overwhelmed. There will be much more paperwork, longer waiting times for patients, a greater need for more supplies, more staff and better technology and other expenses you may not have considered. You can find yourself unable to do what you need without the proper capital available. At a time like this, you want to find the best deals for a medical practice line of credit so you can get the cash you need.
Financial Institutions and a Line of Credit
It is commonplace to assume that turning to your local bank or other financial institution is the best move for you to make when you need a line of credit. The problem with making this choice is that the process can be troublesome for you. Getting a line of credit from a bank can take weeks or even months to finalize as you need to fill out forms and applications, provide records and financial statements, and then wait for a yes or no answer from the lender to see if you get the line of credit you need. While you wait, you can fall further behind with what you need to do for your practice.
The Right Source for a Line of Credit
If you want the best deals for a medical practice line of credit, the right source for you is here at HealthCare Funding Source. We can provide you with a line of credit that is cheaper than the medical factoring found out there today. Our rates are among the lowest you will get anywhere, and we have streamlined the process for you so that we can help you get the funding you need much faster than other lenders.
Keep Your Medical Practice Moving Forward
With a medical practice line of credit from us at HealthCare Funding Source, you will have the greater flexibility and ability you need to help your practice move forward. To find out more about what we can do to help your practice, give us a call at 844-423-8637 and speak with a representative so that you can see how our options are the best choice for you and your practice.