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Medical Cash Advances PDF Print E-mail

medical cash advancesDue to the disruption in our credit markets, many medical providers are having a difficult time qualifying for a traditional bank loan.  Yet the need for working capital still exists.  That's why we are offering the Physician Cash Advance Program.  If you receive at least $5,000 in credit card receipts from your patients each month and have been processing credit cards for at least 60 days, you quality for financing.  We can typically fund an amount equal to your monthly credit card receipts when we set up the relationship.  Small payments are made each day from the credit card receipts until the amount is paid off (typically 6-7 months).

 

Product Features and Benefits

• No collateral
• No personal guarantee
• Funding in as little as 5 business days
• No upfront fees
• Easy approval process
• No fixed monthly payment
• No fixed term
• Automated collection
• Our product is NOT a loan, it will not show on the merchants personal
  credit report.
• Small daily payment eliminating cash flow issues
• Money can be used for any business purpose
• Short term & Easy renewal access

Documents Required Prior to Approval

Global Merchant Capital Application
• Four Months Merchant Statements
• Most recent one month business bank statement

Priior to funding:
• A copy of a voided check
• A copy of a drivers license (One copy for each signature)
• Proof of Ownership (business license, articles of
  incorporation, tax return schedule, etc…)

Click for a free quote or call today at 417-849-7394

 

 

 

 

 


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