Many medical practices are looking to find ways to expand or relocate their practice and find additional cash flow loans to make this happen. The best way ideally to bring in more money of course is to make more sales.
If this is not an option then the physician will need to find funding. Ideally the best and most hassle free to find funding is through alternative funding sources. One source of funding is essentially a sale and leaseback is finance lease. The way this works is the finance company purchases your current asset(s) and leases it back to you.
You will find many advantages in using a sale and leaseback. One of the most significant advantages the most significant is that you can be paid cash for your asset(s), which will increase your cash flow.
Once you have greater working capital you may use the money you receive for any purpose in growing your business.
A sale leaseback can really help your business to grow. Especially when you need a no hassle way to procure additional funding. The good thing about these alternative type programs is you can fill out a simple 1 page application in the comfort of your own office or home.
You will be paid in cash for your asset(s). An alternative lender can purchase your assets in accordance with industry standards and/or the value based on trade publications.
There are many benefits in a sale leaseback program for a business owner. For starters you will have cash in your bank, you can clear your balance sheet, you can make your repayments monthly and if you have a bad credit history that is not a problem.
There are many types of assets that can be used in a sale leaseback. Item you can use are: Trucks, buses, machinery and/or equipment including farm equipment, agricultural equipment, construction equipment, heavy and light commercial vehicles and equipment.
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