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What can I use the money for? You can take advantage of our Working Capital Cash Loan for any purpose that you need. Many of our doctor clients have used the money to remodel their offices, add staff to grow their practice, pay insurance premiums or tail policies, convert lines of credit to a fixed term loan, purchase equipment or for a variety of other purposes. What are the terms? The terms can be varied to suit your particular needs. The basic terms can range from 12 to 84 months. Payments can be deferred or graduated. It just depends upon what you need. Can I payoff early? Yes. You can pay off early with no penalty to you. How long will the process take? From the time that you contact us it will take approximately a week to 10 days to have a check sent to you. Will I have to go someplace to sign the loan papers? No. We will send the required loan papers to your office along with a pre-paid envelope for you to send the signed papers back to us. It couldn’t be easier. You don’t even have to leave your office. Why should I use the Working Capital Cash Loan instead of my credit cards? Credit cards should be used for emergencies and short term needs. Our Working Capital Cash Loan is a term loan, which means that your payments are fixed for a specific period of time and it is designed for you to pay off over that time. The Working Capital Cash Loan is designed to be a bridge between your bank line of credit and your credit cards. In addition, most credit cards show on your personal credit report and can have a negative effect on your credit rating. The Working Capital Cash Loan is in the name of your practice and will not show up on your personal credit report. How can I take advantage of the Working Capital Cash Loan? |
