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Written by Kent Harlan, CPA
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OCF helps your medical practice grow by providing a full range of asset based and cash flow loans designed to optimize the availability of your current assets. In general, working capital financing can be structured as a revolving line of credit, term loan , factoring , and/or securitization facility.
Revolving Credit Facilities, also called "revolvers," accelerate cash realization by monetizing a balance sheet asset or by leveraging the cash flow of an existing business. Revolvers are typically secured by current assets and/or the enterprise value of a business. Term Loans provide debt financing for a specific period of time, typically between three and seven years. Term loans are usually secured either by real estate and other fixed assets or are provided based upon the borrower's cash flow generation capability. Securitization facilities offer reduced borrowing costs with optional off-balance sheet accounting treatment. When you securitize your assets, such as trade receivables, loans, leases or other financial instruments, you gain very efficient access to the trillion-dollar commercial paper market.
Could your practice use an infusion of working capital? Click here for an easy application.
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