A quick case study of a very satisfied Sun Capital HealthCare (SCH) client can provide you with a "real life" example of how MAR Funding can be of use in your medical practice, business or facility.
Our most recent success story starts with a group of "walk-in" clinics in the southwest. Cash flow and growth challenges brought the practice manager to SCH for solutions. After evaluating the practice and determination of their net realizable fees, SCH advanced on the practices's existing bucket of receivables providing a "cash infusion" for the purchase of new, and updating of existing facilities.
Cash flow was previously so unpredictable that bank lines were used and unfortunately could not be paid back in time for the next payroll need. The bank called the line and the pressure was unbearable.
SCH paid off the bank line, and provided the level, predictable and useful cash flow needed to make payroll, pay for supplies and overhead. SCH is proud to be an important part of the growth and survival of this profitable practice. Read another SCH success story.
Thursday, July 10, 2008
How MAR Funding Has Worked For Various Providers
Posted by
Fred
at
Thursday, July 10, 2008
Labels: account receivables, bank lines, cash flow
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