Medical and dental practices often face cash flow gaps from delayed insurance reimbursements, unexpected equipment repairs, or seasonal fluctuations. CFG Merchant Solutions specializes in helping healthcare providers access fast, flexible funding, often in as little as 24–48 hours, without the long waits associated with traditional banks or SBA loans.
Fast, Flexible Funding Options
CFG Merchant Solutions offers solutions tailored specifically for medical and dental practices:
- Alternative Working Capital Loans: Unsecured funds up to $2 million with approvals in 24–48 hours, providing immediate cash for urgent needs like payroll or equipment repair.
- Revenue-Based Financing: Repayments adjust based on your practice’s daily or weekly revenue, giving you flexibility while maintaining cash flow.
- Business Lines of Credit: Access a revolving line of credit to cover unexpected expenses instantly.
- Invoice/Claims Factoring: Turn outstanding insurance claims into immediate cash, bypassing long reimbursement cycles.
- Merchant Cash Advances: Quickly access capital by advancing on future credit card sales, ideal for urgent funding needs.
Patient Financing for Immediate Liquidity
CFG Merchant Solutions canintegrate third-party patient financing programs to accelerate cash flow:
- Upfront Payments: Platforms like CareCredit, Sunbit, or Cherry provide funds to the practice within 2–3 business days while patients pay over time.
- Risk Mitigation: These providers often manage collections and credit risk, ensuring your practice is paid regardless of patient defaults.
Speed and Cost Comparison
CFG Merchant Solutions helps practices choose the right solution based on speed, cost, and purpose:
| Funding Type | Typical Speed | Est. Cost | Best For |
| Alternative Loans | 24–48 hours | 25% – 100%+ | Emergency repairs, urgent payroll |
| Lines of Credit | Instant (if open) | 6% – 12% | Managing seasonal dips |
| SBA Express Loans | 36 hours (decision) | 7% – 12% | Smaller capital needs under $500k |
| Bank Loans | 2–4 weeks | 6% – 12% | Long-term growth, low interest |
Key Qualification Factors
To secure the fastest funding, CFG Merchant Solutions recommends having the following ready:
- Monthly Revenue: Most fast lenders require at least $20,000 in monthly revenue.
- Credit Score: Scores of 550+ may qualify, but 625+ unlocks better rates.
With CFG Merchant Solutions, medical and dental practices gain a trusted partner who understands the healthcare industry, provides rapid funding solutions, and ensures practices can focus on patient care rather than cash flow challenges.