The Medical Association can help you obtain a wide variety of healthcare related financing products.  We work with well known and respected National Healthcare Funders and will help you match your needs with the appropriate funder.

Healthcare Funding

Real Estate Secured Loans - Type 1 

These loans are secured by senior housing, assisted living facilities, convalescent care facilities, and skilled nursing homes.  These loans share the same characteristics of underwriting and begin at $500,000.  Cash flow coverage is the important factor - not loan to value.  Highly leveraged and subordinate debt financing is also available.

Real Estate Secured Loans - Type 2

A second type of real estate loan is made on hospitals, clinics, surgical centers, or other medical properties.  The hospital loans in particular, may be funded on nonprofit or proprietary facilities.  The pricing on these loans vary from deal to deal, as does the clinic and surgical center financing, but the interest rates can be fixed at an extremely attractive rate.  The minimum loan is $500,000.

Non Real Estate Secured Medical Loans

These loans have unique and definitive characteristics.  The loan proceeds may be used for any business purpose.  For example: expansion, debt consolidation, equipment purchase, tenant improvements, and even working capital.

To secure this debt, Funders perfect a lien on equipment and receivables with a UCC-1 filing.  The flexibility in combining collateral allows you up to 100% of the value of the collateral.

Unsecured Working Capital Loans and Lines of Credit

This new program has been well received by those medical professionals who look to consolidate debt, expand or acquire a practice, or obtain working capital.  Flexible payment terms with deferred payments are available.  Clients who intend to use these funds for expansion appreciate the minimal payments for up to 12 months.  

Equipment Leasing Programs

Various terms and pricing options are available for equipment financing.  Interest only, progress payments, and initial payment deferrals are a few of the programs available.  Fixed rates have terms from 24 to 84 months.

Medical Accounts Receivable Purchase

The accounts receivable funding programs vary depending on the type of claim mix you generate.  A typical funding program involves a group or backlog of claims being submitted to the funder after billing has been preformed by the provider.  The funder pays cash to the provider based on a pre-established percentage of the claim amount.  Once the claims are paid by the carrier the remaining (reserve) balance is paid to the provider.  You receive payment when services are rendered, the funder does the waiting for carrier payments and undertakes the aggressive collection effort in your behalf.  Having already advanced the funds on your receivables, nobody could be more motivated to collect your reimbursement than the funder!

Medical Receivable Funding programs for: