Home health care services allow seniors to age in place rather than moving to a nursing home or long-term care facility. The home health care industry is forecast to grow substantially over the next several years thanks to a number of factors, including an aging population and advances in technology that make it possible for people to receive high-quality care at home. These services are safer and cost-effective alternatives to hospital services. They also allow a person to stay in the comfort of their own home and avoid the long waits and possible infections that come with a hospital stay.
Home health care providers are prime candidates for funding because they are always in demand and have a reliable income. However, the application process for these lenders can last months, and there’s no guarantee of approval. While you’re waiting, your patients may suffer and valuable opportunities for growth can be lost.
As an alternative lender, Greenbox Capital® can approve more home health care agency funding than traditional lenders, and we can approve funding faster, with funds deposited in as little as one business day. We provide multiple types of home health care funding to help grow your agency, with funding from as low as $3,000 up to $500,000 and no restrictions on how you can use your funds. We fund all home health care agencies, including non-medical home care, hospice care, senior care, personal care services, and more.