Why should I apply for a line of credit?

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A line of credit is necessary for receivable funding cash float on Medicare and Insurance payments.

 

 

 

Do I pay interest on the whole available credit line?

 

No, you only pay interest on  the used portion of the credit line, the balance remains available and interest free.

 

 

 

Is DE FALCO ADVISORS, LLC the direct lender for physicians financing?

 

No, we are banking consultants that negotiate the best terms and rates for your medical practice, so you may focus on your practice..

 

 

 

Is there a prepayment penalty for the business line of credit?

 

No, there is no penalty for paying the line of credit down to zero, the balance of credit remains open and unused.

 

 

 

Is there a lien placed on my Medicare and insurance receivable payments?

 

No, this is a working capital line of credit that can be used for a variety daily business expense purposes.