Industry
Medicare, Medicaid and insurance reimbursement on 30-90 day terms against weekly caregiver payroll.
✓ Checking what you qualify for does not affect your credit score.
Home health agencies are classified under Home Health Care Services, which is an eligible category. That takes industry off the table and leaves the same four things every file is read on: average daily balance against revenue, time in business, negative days and NSFs, and existing positions.
Medicare, Medicaid and insurance reimbursement on 30-90 day terms against weekly caregiver payroll.
In North Dakota that usually means capital goes to caregiver payroll between reimbursements, recruiting, scheduling software, licensure expansion.
Steady demand; the constraint is reimbursement timing, not volume.
North Dakota funds normally on every tier — no extra restrictions apply.
Most of this activity sits around Fargo, Bismarck, Grand Forks, Minot and West Fargo.
We fund businesses in all 50 states. California and New York carry extra restrictions on the revenue-based tier.
State licensure and accreditation apply. Licensing is not a funding threshold here, but an expired licence shows up in diligence.
The North Dakota economy runs on agriculture, energy and healthcare, and home health agencies here largely track that base rather than the weather.
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Yes. Home health agencies are classified under Home Health Care Services, which is an eligible category .
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision and next business day funding on a complete file — the application plus three months of business bank statements.
Steady demand; the constraint is reimbursement timing, not volume. Underwriting reads the average and the deposit count, not the peak month.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
