Healthcare Financing Options to Bring Working Capital to Your Practice

healthcare financing

Clear Capital Group is committed to helping professionals in the healthcare sector to realize their goals of providing excellent and efficient patient care, profitably.

That means having access to practice loans and other financial instruments designed to help you get the best possible cash flow through your business.


Practice Loans

Practice loans are available at one of two tiers:

  • Application-only: Up to $75,000
  • Full disclosure: Up to $250,000

Loan terms for all loans run up to 72 months, and interest rates are competitive. Practice loans are flexible, they don’t appear on your personal credit history, and they provide working capital you can use to meet any expenses, including:

  • Equipment
  • Payroll
  • Debt consolidation
  • Supplies
  • Expansion
  • Remodeling
  • Furniture
  • Personal expenses
  • More

Medical Equipment Leasing

When you need to control your equipment costs, leasing provides flexible options and a line-item expense that helps reduce your tax burden. Our medical equipment leasing program goes further, allowing you to fold in up to 50% extra for soft costs relating to operating your new equipment. At Clear Capital Group, we provide medical equipment financing and leasing solutions up to $50 million. Our medical equipment financing programs feature:

  • Financing up to $50 million
  • Terms up to 7 years
  • Amortizations out to 15 years

If you need medical equipment, and need financing set up quickly and efficiently, contact Clear Capital Group. Our team will work with your to structure a customized solution to fit your needs for long-term success.

Acquisition Financing

Clear Capital Group understands that business acquisitions and buy-outs can be delicate transactions which require time-sensitive financing solutions. Our acquisition financing solutions feature:

  • Flexible terms
  • Both long and short-term solutions
  • Private equity, public equity, and venture capital financing
  • Expert guidance for smooth transitions

Practice Acquisition and Buy-Ins

When you need to buy into or absorb an existing practice, our acquisition loans are designed to help by covering up to 100 percent of the purchase cost. That way, you are able to focus on running your business instead of worrying about how to fund it.

Consumer Finance

Offering a financing option other than in-house or Care Credit will help you retain clients, increase and smooth out cash flow, as well as provide a great deal of flexibility to your practice. Finance terms include interest free promotional periods as well as no prepayment penalties. Three options to chose from gives you the ability to establish a health care consumer finance program that is most appropriate for your clientele.

Our consumer financing program includes:

  • Up to 12 month payment options
  • Up front payment for sales
  • $5000 maximum
  • Upselling opportunities
  • Promotion options
  • Bad credit OK

If you want to improve your cash flow and grow your customer base, consumer financing is a great solution. Learn more here.

Accounts Receivable Financing

If your practice accepts Medicaid and Medicare as well as private insurance then you know how time consuming and frustrating it can be to run your day to day business while waiting for third parties to pay. By selling those invoices or accounts receivable you can in short time be completely funded getting you back doing what you do best, providing excellent patient care.

For businesses and medical practices with open customer invoices of 30 days or longer, we provide accounts receivable financing, which features:

  • Invoices converted to cash within 24 hours
  • Non-recourse financing
  • No personal guarantees
  • Financing increases proportionally with sales and receivables
  • No debt
  • No fixed payments

We also provide financing for unusually large and unexpected orders, so you can fulfill customer requests on or ahead of time, without placing a strain on internal resources. Learn more here.

Unsecured Business Lines of Credit

Every business, like individual households, encounter unexpected capital needs and expenditures. Having a business line of credit readily available is better than an insurance policy. From equipment repairs, payroll gaps, inventory or simply an office party, lines of credit can be used in any capacity you need. We offer lines of credit based around such criteria as:

  • Current credit profile
  • Profitability
  • Size of the business
  • Assets
  • Receivables

If you are in need of business lines of credit up to $500,000 or you are looking for asset-based lines of credit which grow with your business, contact Clear Capital Group today. Learn more here.

To learn more about any of our healthcare financing options, talk to one of our associates today.