Home/Invoice Financing Companies/Healthcare Capital Funding, LLC

Contact

526 7th Avenue, 6th Fl.
New York, NY 10001

P: (212) 494-9039
F: (646)219-2252
W: www.harborcovefinancial.com

Management

  • Steven B. Nitsberg,: President and Chief Executive Officer

Summary

Based in New York City, Healthcare Capital Funding funds doctors, medical practices, nursing homes, hospitals, home healthcare companies and rehabilitation clinics, imaging centers, laboratories and other facilities nationwide. Currently, the company offers:

  • Working capital, acquisition and accounts receivable financing programs to clients whose funding needs range from $100,000 to $100 million.
  • Accounts receivables financing. HFC accepts accounts receivable that are generated by a healthcare service company and are due from third-party payers, including:  Medicare, Medicaid, commercial insurance, private insurance, HMOs/PPOs and managed care.

HFC also funds accounts receivable for which the payers are actually healthcare facilities themselves. These payers include nursing homes or hospitals; the healthcare provider client is contracting to provide services to the healthcare facility.

HFC does not fund accounts receivable that are owed by patients directly (also known as self-payers), certain types of longer-turning worker's compensation, personal injury or no-fault accounts.

Size of Loans

  • Up to $250,000
  • $250,000 - $1,000,000
  • $1,000,000 - $5,000,000
  • $5,000,000 - $15,000,000
  • $15,000,000 plus

Available Financing

  • Accounts Receivable Financing

Industries

  • Healthcare