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Oakridge
Healthcare Financing Programs |
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Equipment
Financing:
Oakridge
Leasing Healthcare specializes in helping start or expand healthcare
practices with the financing of their equipment acquisitions.
- Application only to $250,000; Financials required $250,000+
- Terms up to 7 years (10 years
also available).
- Flexible Terms up
to 7 years.
- Deferred payments allow you take get equipment
now without making any payments for 120 days.
- Practice Builder graduated payment
plan's available that have lower payments for the
first year.
- Finance 100+% of the equipment
cost (including delivery, installation, training, and extended
warranties)
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Practice
Expansion
Financing:
- Cover construction, working capital, and equipment needs when
opening a 2nd office, relocation, expansion, or remodeling.
- $100,000 to $2,000,000
- 15 year term's for lowest payments, early payout
ok
- Minimum 1 year license required
- lien typically placed on existing and new practice
- Fixed or Variable rates available
- Up to 12 months interest only or 4 months deferred
New Practice Loan Program:
- Cover construction and working capital needs with this
program.
- Up to $350,000
- 15 year term's for lowest payments, early
payout ok
- Minimum 1 year license required
- Fixed rates
- 36 month Graduated Payment
Option
Physician
SBA Loans:
- Financing up to 90%
- Can include:
land, buildings, equipment, fixtures, supplies, construction costs,
and working capital. Terms up
to 10 years (more if building included)
- $150,000+ (requires Financial's & business
plan) [more information]
Practice Debt Consolidation:
- Complete practice debt refinancing. Extend short term
liabilities, increase cash flow, by obtaining lower rate and
extended term, consolidate multiple payments into one easy
payment, term out all current revolving debt.
- $100,000 - $2,000,000 with up to 15 year terms.
- Up to 12 months interest only
Practice Acquisitions:
- Financing assistance to healthcare providers
in the acquisition of existing facilities.
Working Capital
- Money can be used for anything to do
with the practice (i.e. build-out, expansion, acquisition,
renovations, payroll, marketing). New doctors are ok. Personal
Guarantee(s) required.
- $15,000-$150,000 (may require
tax returns and/or Financial's)
Leasehold Improvement Financing:
- Limited, partial or non-recourse loans and lease options
for equipment, tenant improvements, and working capital.
- $100,000+ (requires Financial's)
Medical Accounts Receivable Financing:
- Flexible financing for your working capital, turnarounds,
recapitalizations and various growth needs.
- Revolving Lines of Credit, Purchase Facilities, Term Notes,
DIP Financing.
- $100,000-$4,000,000.
Use your existing 401K or IRA:
- Use your 401(a) pension, profit sharing, 401(k), 403(b), 457,
other qualified retirement plan, IRA and rollover IRA money without
distributions, taxes, penalties, or loans, to fund your new practice
or business.
- $50,000+
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The
Right Fit For Your Business |
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Tax Lease |
If structured
to meet the IRS guidelines, you can write off the entire lease payment
and an expense (off-balance sheet). The purchase option is a FMV (Fair
Market Value). This is a good choice if the equipment will become
obsolete within 3/5 years. Gives you the choice of ownership at the
end of term. |
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Capital Lease |
This
is, in effect a conditional sale, usually contains a "dollar out" or
10% PUT (Payment Upon Termination) purchase option. Some high
liability equipment must be structured as a Capital Lease. Good
option if you intend on owning the equipment, since you can deduct
interest charges and get the depreciation benefits. |
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Municipal Lease |
This is a
tax-exempt lease specifically designed for federal, state, town, city,
or county owned medical facilities. Lessee must qualify as an issuer
of tax-exempt obligations as designated under Section 103 of the Internal
Revenue Code, as amended. Great choice if you want to own the equipment,
since title automatically transfers at the end of the lease. |
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Sale/Leaseback |
Existing
equipment can be purchased by us and "rented" back to you.
This returns "cash" to you immediately and you can match
your procedure revenues to the monthly lease payments. |
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For more information
on how we can help you get the full benefit of the equipment
you need without having to buy it, call:
1-800-485-5759 x705 |
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If you are an equipment
manufacturer and would like information on our Vendor program: |
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