Physicians, Doctors, Medical Professionals.
Offering Lines of Credit, Working Capital, Debt Consolidation, and Expansion Loans
Medical HealthCare Financing Programs
Available Nationwide,
in the contiguous USA. (Since 1992)
Funding $25,000 to $10M
Funds
Available for:
Expansion
of facilities
Acquisition of a Practice
Purchase of Real Estate
Facilities Reconstruction Loans
Restructuring of Debt
Equipment Leasing
Loans to Buy IN/Out Partner (s)
Leasehold Improvements
Working Capital
Factoring of Receivables
Medical Imagining
Assisted Living Facilities
Nursing Homes
Medical or Business Funding Projects
AR Cash Advance
Merchant Credit Card Sales Advance
DEBT
CONSOLIDATION LOAN (Typical Terms):
A 10 year +/- loan with a
rate in the 5.5% - 7% range +/-. The Loan can
be prepaid
without penalty from the second year onwards.
Based
on a Loan amount
of $700,000 on a 10 year term @ 5.75% the
monthly payment would be $7,683.00 (some restrictions may apply)
RECENTLY:
A a dentist with poor credit that was Over Extended on
his credit, and had a
high debt ratio, needed to have a loan consolation
to pay off; the
BHG Medical Lender, a bank loan, and other loans...
including back taxes, was
offered a loan that included net Working
Capital... with Terms as
Follows: A $225,000 Loan, 7 year term, with a
rate of 5.75% (Prime +
2.50) (this applicant
was turned down
prior to coming
to our associates
for a loan).
RECENTLY:
Loan Amount:$2.0 Million
Loan Purpose: Refinance Business Debt
Rate: Prime Rate + 2.5%
Repayment: 10 Year Term & Amortization
Collateral: FIRST lien on all practice assets of the above referenced borrowers
Payments: $21,458.34 on a loan amount of $2.0 Million @ 5.25% for 120 Months
Guarantors: Rob and Bob (names omitted)
Borrower is responsible for all lender's expenses including, but not limited to,
appraisal, surveys, title, etc
Line
of Credit / Working Capital:
Whether you need working capital to pay taxes and high cost of
medical insurance, we offer very attractive and competitive terms
to help raise the funds. Use these
funds to expand, hire additional
people, and pay taxes, payoff student loans or any other
business
purpose. Don't let a lack of funding hurt your chances to grow your
medical practice. The medical working capital loan does not appear
on your credit report, so you keep your personal and business credit
separate and don't lower your credit scores with additional debt. If
your application is approved, which takes about 36-72 hours, you
will be sent a Letter Of Interest, which would verify the terms and
conditions of your Loan, or your Line of Credit Approval. Terms are
up to 84 months. Funding within 5 Days of Receipt of Signed
Documents. Special Programs are available for Medical
Professionals with Damaged Credit.
Credit
Card Merchant Advance Program:
You can get up to $200,000 (+/-) in working capital based on how much
you process each month in credit card sales. The Approval
Process is
much easier than a traditional bank loan, as we provide funds typically
within 7-14 business days. We offer advanced capital in exchange for
the right to purchase your future credit card
receivables, usually up to
100% of your monthly credit card sales. The percentage is based on
how much you want to be advanced compared to your monthly sales.
Our goal is to help you grow your business and to not interrupt, or hurt
your overall cash flow. There is no fixed payback schedule only a
percentage of your future credit card sales until your account is paid
current. If your sales slow down, your payback slows down
proportionally. We have helped many business owners with poor credit,
which makes us an alternate source of financing verses a traditional bank.
Accounts
Payable Factoring:
Medical
business
or medical
Insufficient
cash flow is the primary reason why 85% of all businesses
fail within the first 5 years. Most customers don't pay on delivery.
Instead, they take their time paying invoices - and use your money as
their working capital. The end result is your unpaid receivables pile up
and up and your working capital is exhausted.
Accounts Receivables Factoring is an asset based financing method
enabling companies to use their commercial accounts receivable to
generate immediate cash flow. In a
factoring program, a company sells
its accounts receivable to a factor to secure immediate capital that will
allow the company to expand operations, meet payroll, add inventory
and meet other operational obligations in a timely manner. This in turn
helps the company in acquiring new equipment, hiring essential
employees, and marketing your business more effectively
and profitable.
Eligible Medical Healthcare Professional and Businesses
:
Anesthesiologists ,Board Certified Interns Cardiologists, Cardiovascular
Surgeons,
Chiropractors, Dentists, Dermatologists, Gastroenterologists, General
Practitioners,
General Surgeons, All MD’s, Maxillofacialists, Nephrologists, Neurosurgeons,
OB/GYN’s , Oncologists, Ophthalmologists, Oral Surgeons, Orthodontists,
Orthopedic Surgeons, Osteopaths, Pathologists, Pediatricians, Periodontists,
Physical Therapists, Plastic Surgeons, Proctologists, Psychiatrists,
Radiologists,
Urologists, Veterinarians, Monographers, Chiropractors, Physicians Assistants
HealthCare
Professionals, Medical Industry Practice Owners, Business Owners
Tell us what type of
financing you are looking for....
and we will deliver the product.
Scroll
down to the short Inquiry form
________________________________________________________________
An
Option to the forgoing Medical Programs... is our Quick
Equipment
Re-Financing / Sale- Leaseback Option "A"
Program:
Working Capital Loan
$25,000 - $350,000
Applicants Credit Score
should be 635 +
Only a One Page Application....
NO other
papers or documents required in most all cases
We are
Specialists in
Equipment
Sale Lease-Back funding,
which provides you with
Working Capital…. that you may spend
on your Business/Practice
or for any purpose.
Funding $10,000 - $350,000 in about 4
days after receipt/approval of your application
- Only
a One Page Application required
- No application cost
or processing fees
- No documentation or tax returns
- Cash flow is not an issue, stated income OK
- Proprietorships are OK, any business organization structure is OK
- Equipment pricing, is today's approximate market value, no invoices
required
- Equipment appraisal, none required, our Vendors perform the valuation
- Equipment stays put where
it is, no interruption in the use of your equipment
- LTV, Loan/Lease To Value, is about 75% - 78% of our
vendor’s valuation
- Terms: 36, 48, or 60 months; the Buy-Back is generally $1.00
end of lease
- Funding
3-5 days after
approval, receipt of lease documents, site inspection if any
How it works: The
applicant’s equipment is acquired by our Vendor with a bill-of-sale,
the applicant then leases it back.
The applicant is paid cash/yield for their equipment by
our Vendor. The transaction
is structured as an equipment lease, to $50,000.00 +/- with
some applicants approved to $75,000 +/- per lease. Multiple
subsequent consecutive
leases may be available to most all
applicants, up to $350,000.00 if qualified.
Tell
us what type of financing you are looking for.... and we will deliver the
product.
To request
information or send a request to Allbex Financial,
please send us a short inquiry e-mail. See below.
You will be e-mailed information and/or an
application within a few hours of our receipt of your inquiry.
Medical Financing Request:
INQUIRY FORM
* Applicant name:
* Name of practice / business:
* E-Mail:
* Business phone:
* Business fax:
Cell number:
Type of practice / business?
How long have you owned your practice / business?
* How would the applicant/borrower rate his/her credit: Excellent, Good, Fair, Poor
What type of financing are you interested in:
Loan request amount, (approximately)
Comments / Questions:
PRIVACY STATEMENTS: Allbex Financial does not rent or sell the personal or company information that you provide. To better protect your privacy we provide this notice. To make it easy to find, we make it available on our homepage and at every point where information may be requested. Allbex does not share this information with outside parties except to the extent necessary to complete your request for more information about financial products you may be interested in. DISCLAIMERS /DISCLOSURE: Allbex Financial does not offer or give advice on any business or personal tax, or legal questions, or issues. Allbex does not engage in business consultancy. If an applicant has questions on any tax or financial matters, the applicant is strongly encouraged to consult with their\ CPA, or tax attorney. Allbex Financial reserves the right to modify or delete any financial product offering at anytime without notice. Nothing herein or in the information above shall be construed as advice. Allbex Financial only accepts applications from businesses, and does not accept any inquires or applications from any consumer individuals. Should an applicant have other questions or concerns about privacy, disclaimers, or disclosures policies, please contact us at: allbexfinancial@sbcglobal.net or fax at: 415-946-3307. Past performance does not guarantee future results. Thank You! The application and information will be e-mailed to you within a few hours of our receipt.
Allbex Financial Partners (Since 1992)
Newport Beach, CA 92663
Fax: 415-946-3307 (Internet Fax)
E-mail: allbexfinancial@sbcglobal.net
Website: www.allbex.com
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