Small business loans for Pharmacies
Running a pharmacy has significant costs beyond just payroll. While pharmacies receive up front co-pay fees for high-priced drugs, surgical equipment, and medical accessories such as crutches or neck braces, the bulk of payments follow at a later date from healthcare insurance providers. For that reason, accounts receivable loans are an ideal solution for pharmacies.
Pharmacies have more expenses than an average retail store. Pharmacists are highly specialized and licensed personnel. Their inventory is diverse and expensive — cash flow is often stalled while pharmacies wait on insurance payments. United Capital Source can bridge the gap while you wait for patients' insurance firms to reimburse you. This way your pharmacy has the funds it needs to pay staff, buy your prescription drugs, accessories, and equipment, and implement your marketing plan.
To learn more about small business loans for pharmacies, contact us today!
Call us 855.933.8638 or email us at email@example.com and discuss your options for pharmacy small business loans from United Capital Source.