08/14/2023
The Top 3 Reasons Pharmacies Need an AR Line of Credit
Let me find a solution to your cash flow problems. I broker for a top specialty healthcare finance company that has been assisting specialty pharmacies, medical providers, and personal healthcare providers for over 10 years with its cash flow solutions.
Here are the top 3 reasons pharmacies need an AR line of credit.
1. Get cash upfront for claims instead of waiting to get paid from insurance carriers.
2. Your medication costs can be very high. Improved cash flow will allow a pharmacy to pay wholesalers faster, allowing the pharmacy to qualify for early payment discounts. In some cases, these discounts cover the cost of the AR line.
3. An AR line is much cheaper than equity and less restrictive than a bank loan.
Let me find cash flow solutions for your healthcare business that is unable to secure financing through conventional sources. If you receive payments from Medicare, Medicaid, Commercial Insurances, Private Insurances, HMO/PPOs, Managed Care, No-Fault/PIP carriers, Worker's Compensation carriers, and Letter of Protection (Personal Injury) cases I can help with an AR line.
I broker for over 40 financial institutions and national private lenders with a wide variety of quick fund and lite document products that will get you funds to complete business improvements, buy or rent equipment and equipment refinance, fund real estate purchases, secure loans (SBA, bridge, etc.), set up invoice factoring (get invoices paid in days), secure MCAs or working capital, in addition to lawyers to get your debt restructured - funds and services for almost any business financing need.
A quick 15-minute call will get us started. Schedule at [email protected]
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If you need to get new equipment, finance your accounts receivable and inventory, raise working capital, or acquire a company, Able Business Financing can do it all. Whether your business has just started, or is well established, we have a financing solution for you.