Boyte Medical Consulting Toll Free :1-800-487-9614

Medical Loans & Credit

MBC Large Line of Credit Against

HMO/Medicare/PPO A/R

  • 1MM-20MM credit Line for HMO/PPO/Medicare/ Private insurance/Commercial Insurance (Against A/R not WC)
  • Cheaper than factoring only 6% annual percentage rate
    (85% is against Net collectibles)
  • can be against 5 months back date of A/R even for unbilled A/R
  • Will try to get personal Guarantee – but only optional
  • 85%-90% advance rates
A/R Lines of Credit

(USD 200,000- USD 25,000,000)

Medical receivable based Account Receivables revolving line of credit must be perfect to increase the cash flow and also expand revenues. This asset based line of credit permits the customers to borrow 85 to 90% of the A/R that are lower than 90 days. This is not factoring line where customer would be selling the receivables to third party. Other than this, customer will maintain billing & collection calls in-house.
An asset based line of credit is also a lot less expensive than medical factoring. The Yearly interest rates begin at six percent versus factoring, which is generally 20%+ yearly interest.

Medical Term Loans ($75,000-$350,000)

“MBC” (Smaller Medical Loans:)

  • Loans are for 2, 3, 4, or 5 years
  • Monthly payments
  • No pre-payment penalties
  • Loan can be fully subordinated to existing bank line, SBA loan, or senior secured medical lender. There can also be additional working capital without having to refinance senior lender.

 

  • Offers in 5 business days, funding within 5 business days thereafter
  • Annual interest rates starting at 9.99%
  • 620+ FICO required
  • One of last 2 years must have positive net income on tax returns
  • No past bankruptcies
  • No open tax liens or judgments
  • Must be in business for 3 years or more

 

Medical Workers Comp Credit Line – 1.5MM Against Only Workers

Comp A/R Interest Rate 3 % BankLite™ Loan (USD 75,000-­USD 350,000)

Boyte Medical Consulting Group offers better non-bank lending program in United States. We name it BankLite™. BankLite Loans are for 3, 4, or 5 years, which is similar to any other banks.
Firms can be accepted for their lines of credit, term loans, or both. The lines and loans can be subordinated to present bank debt or SBA loans. You will not find a better loan option anywhere else. We will get you approved and funded in less than two weeks time.

  • Yearly Interest Rates Begin at 99%
  • Less MonthlyPayments
  • 3, 4, or 5 Year terms
  • There are no any pre-payment Penalties
  • Collateral is not Required, Lending is Cash Flow Based
  • Countrywide Lending up to USD 350,000
  • Ideal loan product to refinance the regular debit ACH loans

 

BBB-Star
  • 620 plus FICO Score is required
  • Positive net income for one of the last two years
  • No previous bankruptcies
  • No federal tax liens or open state
  • A minimum of 18 Months in business
  • Fitness Center USD 350,000
  • Vacations and Tours USD 350,000
  • Appliances (Retail) USD 350,000
  • Employing Company USD 250,000
  • The Lighting importer USD 150,000
Fast Cash Business Loans

($50,000–$2,000,000)

Anybody can access a loan with our quick cash commercial loan offering. This loan provides additional working capital so you can expand your business and reach new heights. Once half of the loan has been paid back on the original loan amount, you will be able to recommence the loan multiple times over like a line of credit, which gives ongoing business capital for years to come. Other benefits of this package include:

  • Smooth approval process
  • Quick business loans approved and furnished in just 2-3 working days
  • Personal guarantee requirements are waived in some cases
  • Preliminary loan terms 6-18 months with options to renew
  • Documentation requirements are very low
  • Credit scores from 550-800 will be eligible
  • Your organization can be either profitable or have a minus net income
  • Former insolvents accepted if expelled
  • Tax liens are acceptable provided that the payment is in the IRS
  • Multiple offers from which clients can choose the best loan for their exact cash flow requirements


Boyte Medical Consulting Group provides fast cash business loan for entire types of industries and also credit profile. Feel free to contact us now for a quote!

Recent Fast

Cash Closings

Oil & Gas Services USD 400,000

Department Store USD 365,000

Wireless Distributor USD 200,000

Software Provider USD 200,000

Electrical Contractor USD 110,000