Medical Practice Funding
If you’re considering ways to expand your medical practice, you may want to consider the advantages of a Merchant Cash Advance (MCA). There are quite a few reasons why this is a great option:
- You do not need to have good credit to qualify. Unlike traditional small business funding through banks, MCAs only require that your business is healthy. To determine this, you need to supply bank statements that show sales of at least $10,000 a month. Your credit is not the deciding factor. – Does my business qualify?
- You do not need to fill out a lot of paperwork and wait days or even weeks before you are approved. With an MCA through Funding Solutions, you can be approved within 24 hours of completing your application and we deposit the business capital directly into your bank account within 72 hours in most cases .
- There are no restrictions on how you spend the money. Whether you want to replace your medical equipment or X-ray machines with the most modern options or hire additional PAs to expand your business, the money is yours for whatever you need.
- Pay back the advance when you have it. Merchants remit a percentage of their monthly revenue until their obligation is met. This means that if you have a slow month, your business won’t suffer while trying to make payments on your cash advance.
With so many benefits, it’s no wonder more and more businesses are applying for quick capital with Funding Solutions instead of banks. Get started here for free by completing the contact form on this page or calling us at 855-204-6217