Pharmacy FinancingIf you own a drug story or pharmacy, you may find that you require a business loan to keep your cash flow positive while paying for inventory, payroll and other expenses. In today's economy, it can be difficult to obtain loans from traditional lenders such as banks and credit unions, even if you have good credit. But if you have bad credit or outstanding loan payments, you may find that bank loans are virtually impossible to obtain.
If you operate a pharmacy and your loan applications have been rejected by banks, our pharmacy financing program can help you get the capital you need in as little as 24 hours.
How Pharmacy Financing WorksOur pharmacy financing program gives you immediate access to cash funding and offers flexible repayment terms that put minimal strain on your finances. When you are approved, we provide you with up-front capital in just one business day. After you receive your advance, we deduct a small percentage from your daily bank deposits until the full amount has been repaid. This ensures that your payments are always proportionate to your earnings, so you are never hindered by payments when business is slow.
- No collateral or liens on your property.
- Receive funds within 48 hours.
- No credit card processing required.
- No application fee.
- Bad credit is not an issue.
- Bankruptcy and foreclosure OK.
- Advances do not appear on your credit report.
- No restrictions on use of funds.
Apply and QualifyWe issue drug store and pharmacy financing on the basis of your monthly gross bank deposits. Your eligibility is not affected by bad credit, and we do not require you to put up collateral or personal guarantees. Additionally, unlike banks and other lenders, we provide same-day approval, so you can access the funds you need immediately. There is no need to submit extensive documentation such as tax returns and business plans in order to get approved. To qualify, all you need to do is complete the application on this form. For faster approval, download our complete application and fax it to 866-240-5505.
Once you are approved, one of our financial consultants will work with our underwriting department to determine how much money you qualify for. You will need to provide us with the following information:
- 3 months of bank statements
- 3 months of credit card processing statements (if available)
Even if your business does not process credit cards, you are still eligible to qualify for pharmacy funding, so don't hesitate to apply!
CALL TODAY AT 888-487-5509