Third-party lenders and banks with a healthcare-finance focus.

These can be great places for doing this (TYPE OF) financing, but note that they won’t want to be behind another lender in the event of a bankruptcy(.) and t (T)he best way to prevent that from happening is to become your lender of choice for the (YOUR) entire business. This will involve taking out the old debt ((WATCH OUT FOR PRE-PAYMENT PENALTIES)) and refinancing it with the new lender. There could be very positive cash flow implications for you and you could modify the structure of the financing transaction to your favor (as an example, less guaranties are typically required for an established business versus a start-up).

If you don’t know where to go, a number of lending sources advertise in industry magazines and trade journals, as well as exhibit at trade shows. Advisors and consultants can assist you as well. A good thing to do, in any event, is to ask your equipment vendor.

Previous Page    1  2  3  4  5  6  7    Next Page