Medflow Capital Helping Physicians
Online, April 4, 2011 (Newswire.com) - Medflow Capital, Inc. is offering Accounts Receivable Financing to Physicians nationwide. They can get Physicians up to $500,000 in less than 10 days. With their Credit Card / Insurance Receivables Program, they can get physicians of all types immediate cash to expand their practice, purchase new Medical Equipment, hire new Physicians or Employees, etc, or just simply use the money for whatever needs they currently have. Once one of their physician clents are approved for their Credit Card/ Insurance Receivable Program, the funds will go straight into their bank account. It's that simple!
What are the Benefits of their Credit Card / Insurance Receivables Program?
• It is unsecured. There is also no Personal Guarantee required.
• There are no fixed terms. A Physician's payback is based on the percentage of their Credit Card sales and Insurance Receivables which gives them a flexible payback structure that flows right along with their practice.
• What about poor credit? Not a problem! Medflow Capital bases their decision on the successful earning track record of a physician.
• They offer fast funding! They are able to obtain an approval in 48 hrs and funding takes less than 10 days!
• Medflow Capital, Inc. has a 90% Approval Rate!
How does their Credit Card / Insurance Receivables Program work?
• Let's say a Physician owns a practice that does $50K/month in combined Credit Card sales and Insurance Receivables. Medflow Capital will advance them up to 2.5 times their monthly Credit Card Sales or $125,000.00!!
• Their Factor (The Advance Provider), will take a small percentage of a physicians daily Credit Card sales or Insurance Receivables or a combination of both to pay back the advance instead of them having to write a check out each month. It's all done automatically through their Credit Card Processor or they set up a Virtual Account which is a paperless account for a physician's Insurance Receivables.
• Typical Payback is between 6 and 9 months. 85% of clients come back to renew! This shows how effective this program works!
What do you need to qualify?
• A physician must own their own Practice.
• Currently process Credit Cards
• Have a minimum of $2,500/month in Visa and MasterCard sales or a combined amount of $10,000/month with both Credit Cards and Insurance Receivables.
Applying for their Credit Card / Insurance Receivables Program is simple. Because there is very little paperwork involved, approvals are obtained within 48 hrs. Simply fill out their 1-Minute Application at www.medflowcapital.com and one of their Loan Specialists will contact you within 24-hrs! You can also reach them by phone at 800-219-2301.