financing the healthcare industry with asset based lending
DESCRIPTION
As companies in the dynamic, growing healthcare industry know all too well, it’s hard to get a commercial loan when government keeps changing the rules. With constant shifts in rates, eligibility and capacity to pay, most healthcare service companies have difficulty mapping the long-term direction of the business due to short-term cash-flow concerns. Adding frustration, reimbursement rates keep decreasing while costs go up, which continues to work against profit margins. Further, many banks prefer to work exclusively with top healthcare facilities in a given market, or don’t fully understand the healthcare industry, making it very difficult for a stand-alone facility or provider that isn’t cash-flow positive to secure viable financing.TRANSCRIPT
As companies in the dynamic, growing healthcare industry know
all too well, it’s hard to get a commercial loan when government
keeps changing the rules. With constant shifts in rates, eligibility
and capacity to pay, most healthcare service companies have
difficulty mapping the long-term direction of the business due to
short-term cash-flow concerns.
Adding frustration, reimbursement rates keep decreasing while
costs go up, which continues to work against profit margins.
Further, many banks prefer to work exclusively with top
healthcare facilities in a given market, or don’t fully understand
the healthcare industry, making it very difficult for a stand-alone
facility or provider that isn’t cash-flow positive to secure
viable financing.
A healthy new option.
That’s where Gibraltar’s healthcare financing can come into play.
We work with a variety of providers, including skilled nursing,
home health, hospice, long-term care, outpatient centers, acute
care and specialty hospitals, or nearly any medical businesses
subject to third-party reimbursement, such as commercial
insurance or Medicare/Medicaid.