Inova Capital Funding
Medical Accounts Receivable Financing Processing

With malpractice insurance at an all time high and staffing expenses on the rise, medical practitioners are beginning to feel the squeeze. They are no longer content to wait 30–60-90 days for the insurance companies to pay. Many practioners are now turning banks and other funding sources to convert the biggest asset they have — their Accounts Receivable — into cash to be used for:

  • Advertising
  • Inventory
  • Staffing
  • Expansion
  • Equipment Purchases
  • Marketing
  • Taking advantage of supplier discounts

By partnering with ICF to offer an attractive working capital solution to fill this need, the bank/funding source will:
»   Attract a high caliber customer thus increasing the deposit base
»   Receive ancillary lending such as car loans
»   Receive ancillary lending such as real estate loans
»   Receive ancillary lending such as credit cards
»   Receive ancillary lending such as equipment loans
»   Significantly increase Fee revenue
»   Increase Interest revenue
»   Increase the bank/funding source overall bottom line