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, an eligible category.
Medicare, Medicaid and insurance reimbursement on 30-90 day terms against weekly caregiver payroll.
In practice: caregiver payroll between reimbursements, recruiting, scheduling software, licensure expansion.
Steady demand; the constraint is reimbursement timing, not volume.
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. The category is eligible.
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, next business day funding on a complete file.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
