Medical Practice Capital Funding

 

MPCF is not a loan or even a traditional line of credit. It is a new financial product that provides specialized funding for healthcare practices to assure immediate access to working capital.  

 

 

Medical Practice Capital Funding is an easier, less expensive and more flexible financial tool uniquely structured for medical practices and laboratories. It may be used to:

 

• Facilitate office improvements and asset acquisition. 

 

• Protect against payment disruptions. 

 

• Assure immediate cash availability in emergencies. 

 

• Meet unexpected events outside normal office operations.

 

Medical Practice Capital Funding provides qualified doctors from $100,000 to $250,000 at rates as low as prime plus zero. There is no fixed pay back schedule and your yearly pay down is only 60%. First lien positions or existing debt can be restructured (at an existing or better rate) and will not affect approval for your MPCF.

 

Benefits of Medical Practice Capital Funding

 

o No UCC filings or leans on practice

o No collateral required

o Minimum 640 FICO 

o Does not appear on personal credit report

o Interest only payments

o No maturity date

o No fixed payment schedule

o Does not affect ability to secure traditional financing

o Interest is applied to used portion of business line only

o No appraisals, hidden fees or costs

o MPCF may be used for any purpose necessary

o Prior debt does not need to be satisfied for approval

o Funds available within 5 working days