Featured on Physician’s Practice: 10 Ways To Use Medical Practice Funding

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Different forms of medical practice funding are ideal for different uses. Certain types of financing are designed for specific uses such as purchasing equipemnt, real estate, or inventory, or acquiring a practice. Other funding types have no restrictions and are ideal for use as working capital.

Understanding how you can use each kind of funding and its ideal uses will help you determine which medical practice funding best suits your needs.

We joined Physician’s Practice to share 10 popular ways to use medical practice funding. Read the full article for our advice on which funding options align with your goals, including:

  • Purchasing inventory
  • Purchasing or repairing equipment
  • Upgrading technology
  • Cash flow concerns caused by slow collections and billing
  • Covering insurance premiums when cash flow is limited
  • Investing in real estate
  • Acquiring another practice
  • Boosting marketing
  • Improving patient services
Read the full article
Author:
Alfredo Rosing is the Vice President of Marketing at Greenbox Capital®. With over 25 years of combined experience in marketing and financial services, Alfredo is an expert on innovative financial technologies with a passion for connecting consumers and businesses with socially responsible funding. Prior to joining the Greenbox Capital team, Alfredo launched an award-winning online lender that was recognized as the winner of the 2017 Fintech Awards US Firm of the Year for Lending Innovation Award. Alfredo is a graduate of Southern New Hampshire University with a BS in Marketing.