Podiatrists are one of the many types of medical practitioners that are welcome to use our bank statement and working capital loans programs at Small Business Loans Depot.
Our programs are great for businesses that have at least 6 months established cash flow. If your business may not have the collateral necessary to receive an additional cash flow loan. Money is not always available for business owners right away because they have to establish themselves.
Bank statement loans are a good way for businesses that don't have established credit or poor credit to find funding for your business.
If your own a practice that has collateral they will find it easier to get a loan if not there are alternative source funding loans such as bank statement loans ideally for businesses that have been around for at least 6 months in business.
Small banks sometimes lend businesses money but it rare for businesses that don't have a relationship with that particular bank. Sometimes if the business is larger and has shown consistent cash flow during its operation it does make it easier for a bank to lend money. However they are very reluctant to take chances on businesses.
Many businesses may have to make it on its own using the cash flow it takes in to make it until funding comes available.
Once funding is available through a bank statement loan the business owner may use the funds for any purpose. Pay bills, pay taxes, expansion, pay staff, buy new and used equipment.
Many alternative funding companies do exist such as Small Business Loans Depot. These business have various types of programs that can generate cash flow for many businesses and allow them to use their current used equipment assets. If you own a podiatry office and need a cash flow loan, please contact us at 919-771-4177. Ed Rogers
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