Many banks and other lenders are unable to underwrite healthcare provider risks due to an inability to track and monitor healthcare collateral. Some will only be able to fund a healthcare provider if the bank’s private banking or wealth management group is able to approve a loan based on the credit of the doctor or principal. Finally, many banks simply do not finance healthcare providers since it’s outside of the bank’s credit box and loan portfolio strategy.
This is why you should consider working with Presidential Healthcare Credit. By referring healthcare provider loan requests that the bank will not approve to Presidential, you are helping the healthcare provider obtain much needed working capital. In addition, the bank now has a relationship with a provider that it would have otherwise had to turn away. Working with Presidential is good for the borrower, and good for the bank.
We welcome the opportunity to discuss how by working together, you can add customers, increase revenue and manage risk. Please contact us for more information. You can also Introduce Presidential to a provider now. Turned down a healthcare provider loan request recently? Make a Referral now.
