Provider Web Capital Launches New Funding Product
ATLANTA (August 10, 2016)—Provider Web Capital has launched a new product, Remit LOC, which allows medical practices to establish a facility that works as a line of credit. The goal is to provide owners access to capital without having to abide by the strict repayment structuring of a typical business loan. With this structure, a health care business is approved for a financing line and is only required to take a small draw at closing. The remaining facility is just a phone call away.