Protect yourself from the unpredictability of the healthcare reimbursement system that is slow in cash conversion.
As a bank, we can offer you the strength and stability of regulated funding and a return to an old-fashioned relationship.
| Product |
Revolving Line of Credit: A minimum of $1 million, maximum of $15 million (for larger transactions a partner will be introduced) |
| Client Profile |
Local and Regional Healthcare providers with a focus on Home Health, Skilled Nursing Facilities, Physician Practices, Ambulatory Surgery Centers, Community and Specialty/Behavioral Hospitals |
| Loan Purpose |
Acquisition, refinance, restructure, growth |
| Market Focus |
Growth oriented healthcare providers that need to acquire, expand, recapitalize, or restructure |
| Collateral |
Healthcare related third party accounts receivables, including Medicare and Medicaid as well as institutional payors |
| Pricing |
Competitive variable rate pricing |
| Terms |
Loan commitments ranging from 2 to 3 years, renewable. Advance up to 85% of net recovery value of eligible accounts receivable |
If you’d like one less thing to worry about, speak to one of our experienced Business Development Managers today.
Please call 866.806.0444, Ext. 117 or email us at healthcare@affinitybank.com. |
