Can my medical practice get a business loan to cover insurance delays?
Insurance payment delays are killing medical practices' cash flow, but you don't have to wait 30-90 days to get paid. A quick business loan allows you to access capital immediately while your claims process.
How medical practices use bridge funding during insurance delays:
- Cover payroll: Your staff can't wait for insurance companies. Keep your team paid and your practice running.
- Pay suppliers: Medical supplies, pharmaceuticals, and lab services need payment now, not when insurance decides to pay.
- Handle operating expenses: Rent, utilities, and equipment leases don't stop when insurance payments are slow.
QuicLoans understands the insurance reimbursement cycle. We look at your practice's consistent revenue history. If your practice is generating $10K+ monthly and has been in business for at least 3 months, you likely qualify.
You can get approved and funded in as little as 3 hours. No need to explain the complexities of medical billing or convince someone that Medicare will eventually pay. Just show us your last 4 months of business bank statements and get the working capital you need today.
Looking for more medical funding information? Explore all medical business loans →