Small Business Funding Options For Healthcare & Senior Centers
Life expectancies have increased with the advancements in medicine and technology. The current senior citizen population is healthier than ever before. Assisted living and senior centers have to adapt to the growing number of new retirees and their lifestyle.
Renovations and cosmetic upgrades can fulfill the need for more interaction within the community and wellness programs. New machinery and nice furniture can accommodate different living conditions and provide a higher level of comfort. There is also a need for more staff members, living spaces and supplies to meet the growing demand and more residents.
These important improvements and growth efforts would be easily implemented were it not for the cash flows issues these centers are faced with. These centers rely on monthly payments as income and often have to wait to get paid because of delays by the insurance providers. Centers are often left with just enough cash to cover payroll and other expenses.
Insurance policies for seniors are not getting any less complicated. Waiting for these payments can cause debt, hurt profit margins, and make it difficult to save money for these improvements. First Premier Funding has funded numerous Senior Living & Healthcare Centers. We can provide you the funding to get these new features and grow your business. Contact us today at (888) 358-8484 or apply now to see how First Premier Funding can help your business grow.