Are You Seeking
Owning a practice can become a burden without the right finances. Whether you are just getting off the ground or has been in business for decades, you will always need small business loans that are custom tailored for your industry.
Often, businesses in the healthcare and social services industries rely on payments from insurance companies for their source of revenue. Patients usually pay very little out of pocket with insurance, and this can sometimes mean a substantial delay in receiving payments. In the meantime, you still need funds to keep the lights on. A small business loan can keep you going while payments process.
Healthcare business financing is a source of growth for any medical related small business. Banks and other lenders require an excellent credit rating, extensive financial statements, collateral, etc. Even then the approval rate is low and takes months. Your priority is to take care of others, not get caught up in the finance of it all.
Get the funds you need to assist with expansion, updating your existing medical facility, relocation and much more with Sutton Funding. The application takes only a few minutes, and you can be approved in 24 hours or less.
Funding in as little as 24 hours
No Spending Restrictions
Lower Upfront Cost
Fund Equipment Purchases !
Bills will keep coming in even when your office is slow. A healthcare business loan from our network of alternative lenders will help with cash flow and allow operations to continue to run smoothly. For this sector, the terms are usually longer and the rates lower to promote optimal business growth.
Because of declining reimbursement margins and an increase in hospital buyouts, many physicians have been unable to serve their communities and have had to shut their doors.
At Sutton Funding, we will help you cut through the red tape to get the working capital you need to keep your business growing. Our loans application process is fast, simple and fully automated. By providing primary data, we’ll review your business and give you a decision as soon as possible. We want to take care of your business, the right way!
Discover Financial Options You Never Knew You Had…
Access working capital for equipment, inventory, renovations, or expansions.
Lump sum of capital you repay using a portion of your daily receivables.
Smaller sum of money you pay back, plus interest, with daily payments over 3 to 18 months.
Cash available for the day-to-day expenses of running a business and is a measure of both a company’s efficiency and short-term financial health.
Loan to help you afford new business equipment right away by using that equipment as collateral.
Borrow money for working capital, purchasing inventory or equipment, refinancing other debts, buying real estate, or even funding the acquisition of other businesses.
With invoice financing, you could get a fast advance of about 85% of the value of your invoices, with most of the other 15% paid to you later.
A Business Line of Credit works almost like a credit card, except you get access to cash and lower APRs. A line of credit is an arrangement with Sutton Funding that establishes a maximum loan the lender will allow the borrower to take. You can withdraw funds (as low or high as you wish) on the line of credit at any time, as long as you don’t exceed the maximum set in the agreement.