BOCA RATON, Fla. - The more patients a home health care agency serves, the more it has to pay out before it gets paid back. Caregivers are owed wages every pay period, but payers often reimburse on a slower clock. GetABusinessLoan.com is outlining how growing agencies can bridge that lag with financing designed around the way they bill and collect.
The pressure tends to hit fast-growing agencies hardest. Adding caregivers and clients increases payroll immediately, while reimbursement for that same care arrives later. An agency can be delivering excellent care, filling its schedule and still find that cash is the limiting factor on how many more families it can serve.
"Nobody in this field should have to choose between paying a caregiver on time and taking on one more patient," said Justin Solomon, Chief Executive Officer of GetABusinessLoan.com. "That is a financing problem, and it has financing answers."
Depending on the agency, those answers could include working capital, a business line of credit, a term loan or financing against outstanding receivables. Owners comparing business loans for home health care agencies can see how each structure lines up with their billing cycle, and why the best fit is rarely the same from one agency to the next.
GetABusinessLoan.com is a business finance company, not a marketplace. It funds in-house first and brings in vetted partners only when the fit is better elsewhere. The company works with established U.S. businesses, typically at least one year in operation with real revenue, and does not fund startups. Applications take a short online form and the last four months of business bank statements. Pre-approval typically arrives in two to four hours after documents are received, with no hard credit check to start, and funding runs from $25,000 to $10 million.*
Solomon said the company's advice is not always to borrow. "If an agency's reimbursements are slow because of a billing problem, fixing the billing may beat adding debt," he said. "We lay out the real cost and terms first and let the owner decide with a clear head."
*Pre-approval and funding times vary by file and are not guaranteed. "No hard credit check" refers to the initial review.
About GetABusinessLoan.com
GetABusinessLoan.com is a business finance company that helps established U.S. businesses secure funding built around their needs - not a bank's products. Funding in-house first and through vetted partners, it offers working capital, term loans, lines of credit, factoring, and more, with honest, one-on-one advice. Learn more at https://getabusinessloan.com.
Email: justin@getabusinessloan.com
Media Contact
Name
Get a Business Loan
Contact name
Justin Solomon
Contact phone
866-930-9732
City
Boca Raton
State
Florida
Country
United States
Url
https://www.getabusinessloan.com/
