The FTRANS Healthcare program is specifically designed to improve our clients’ cash flow so that they can focus on doing what they do best, providing valuable services to patients. While most banks will provide a loan for the providers’ real estate, the borrower may find it more difficult to secure financing to help with growth and to support the ongoing needs of the company.
“We are very happy with our new loan program. We had moved from a different lender to take advantage of FTRANS Healthcare rate savings, which has helped support our multi facility growth. We also enjoy quality service that is responsive to our ongoing finance needs.” – Alicia Marshall, Finance Manager Ideal Physical Therapy & Rehab
With expansion and sweeping changes in the healthcare industry, many providers are finding that they have to wait longer and longer to receive payments from both patients and third party payers. Often reporting a turnaround time of 45 to 90 days on their claims receivable, the healthcare companies are experiencing restricted growth of the business or worse.
Overcome the cash flow obstacle:
- Working capital credit facilities from $200,000 to $5 Million
- Advances up to 85% against net realizable value of the providers’ claims from insurance companies & government healthcare including Medicare and Medicaid
- Serving private doctor facilities, skilled nursing and staffing, closed door pharmacies, rehab centers (physical, substance abuse, and mental health), small hospitals, hospice, assisted living facilities and
imaging centers, etc.
