Healthcare companies and organizations are among some of the most crucial and most-needed services that anyone could possibly ever need, other than food and beverage. Places like hospitals, urgent care centers and specialized health clinics and doctors provide essential medical services for hundreds of millions, if not billions of people around the globe every day.
The Importance of Financial Health
Just like your physical health, the financial health of a company largely depends on its accounts receivable and cash flow condition. If your healthcare business has found itself constricted by various cash flow issues, then The Commercial Finance Group is here to ‘doctor’ your business! Our services are specifically designed to improve our healthcare clients’ cash flow so that you can focus on what you do best – saving lines and enhancing the quality of life for people everywhere.
The Problem With Healthcare Financing
Given the expansion and sweeping chances in the healthcare industry over the past few years, many medical and healthcare providers are finding that they are required to wait longer and longer to receive these much-needed payments from both their patients and, even more frustratingly so, their third-party payers. As such, there is often a reporting turnaround of time 45 to 90 days on their claims receivable, which results in the restriction of their business’ growth.
Who We Serve
The Commercial Finance Group takes care of a variety of medical-related organizations. Our Atlanta, Burbank and Los Angeles branches can work organizations like private doctor facilities, skilled nursing and staffing facilities and closed-door pharmacies. We also work with businesses like rehab centers (including physical substance abuse and mental health) as well as small hospitals, hospice care units, assisted living facilities, imaging centers, and more! If your healthcare organization thinks that The Commercial Finance Group can help you, then chances are that we can.
The Commercial Finance Group Can Offer Working Capital
We want to see all of our clients achieve their highest possible potential, and we also understand that accounts receivable issues can be a huge financial roadblock. Fortunately, as we reassured our valued clients time and time again, our commercial lending solutions can and will help you overcome your various cash flow obstacles.
In the form of accounts receivables financing, The Commercial Finance Group offers working capital credit facilities. What this means to you is that you can qualify from as little as $200,000 a month in financing all the way to $2,000,000 a month. These capital credit facilities include advances up to 90 percent against net realizable value of the providers’ claims from insurance companies and government healthcare associations. Whether your finances are more closely involved with Medicare or Medicaid, you can rest assured that The Commercial Finance Group can significantly optimize your cash flow balance faster than our competitors and much faster than bank loans.
The Time For Cash Flow Help Is Now – Call CFG Today!
At The Commercial Finance Group, we take pride in enabling small to medium sized healthcare companies to optimize and support the health of their cash flow. We understand that waiting for payments to come through can be a frustrating and painstaking experience, but with our financial services and healthcare receivable finance expertise, your business will have the capital it needs.
Our receivables financing company is more than happy to answer any questions you may have about our small business and healthcare receivable lending services. Don’t hesitate to fill out our form by contacting us so that we can better understand your situation and get you the help you need fast!
