Saturday, May 1, 2010

Medicare Reimbursement Reductions

Just this week I had two Physician funding requests for which the purpose was to shore up cash flow due to some of their medicare payment reimbursements being put on hold in one case and lower medicare receipts in another case.

The Physicians were looking at an alternative small business loan due to their financial statements not being as strong as the banks want. Their net income was too low. I recommended an asset based small business loan to both. They used their existing equipment assets as collateral.