Fresh perspective for success in healthcare
As a busy professional, the last thing you should worry about when applying for a loan is the negative impact it’s going to have on your credit score. Whether you’re looking to consolidate debt, take advantage of a business opportunity, or simply improve your cash flow, the only thing you should be focused on is how quickly you can get the funding you need. But if the lender you’re
As a busy professional, the last thing you should worry about when applying for a loan is the negative impact it’s going to have on your credit score. Whether you’re looking to consolidate debt, take advantage…
Question: What trends and challenges are emerging across the dental industry, and what financial resources are available to help dentists reopen? Answer: Dental practices are among the hardest hit by COVID-19-related…
There are many different reasons why you might take out a loan. You want to consolidate debt. Increase cash flow. Start a new business. Or…
Question: What do I need to know about filing 2019 taxes in the wake of COVID-19? Answer: Some major tax filing deadlines have changed, while quarterly deadlines…
It can take some lenders weeks to review a loan application, negotiate the terms of approval, and have the money transferred into your account. Each day spent waiting for your application to be processed, a credit decision to be reached and funds to be allotted represents a substantial opportunity cost for you. That’s why one of the first questions you should
Across the country, healthcare practitioners are being impacted by the COVID-19 crisis. The government has instructed practice owners to take extra precautions to prevent the spread of the virus, only taking emergency appointments or temporarily closing, to name a few. But impacts don’t stop there–operational closures and reduced services are also affecting essential staff like dentists, doctors, nurses, and more who support
We’re facing unprecedented times. Businesses are grappling with how to respond to the COVID-19 pandemic as it threatens their day-to-day operations, and their livelihoods. Some are unable to operate unless employees can work safely and remotely, while others are being forced to limit their services and follow strict operational guidelines that are throttling typical revenue. Although business owners and their employees may both be struggling to remain financially secure, there are a number of financial resources
A credit score is considered one of the most important aspects of a professional’s financial health. That number—FICO scores anywhere between 300 and 850, and rates from Poor to Exceptional—has a tremendous impact on an individual’s ability to borrow. Your credit score often contributes to other important factors in borrowing like amount, interest rate, and
As Chief Credit Officer at Bankers Healthcare Group, I’ve spent over a decade analyzing the financing needs and behaviors of healthcare professionals. Based on that experience, I know that combining multiple high-interest debts into single loans not only helps doctors improve their credit scores. Selecting the right program at the right point in your career
I know doctors, sometimes better than they know themselves. That is, at least when it comes to their financing needs. As President of the Lending Division at Bankers Healthcare Group, I speak with healthcare professionals every day about funding. You see, a doctor, really most healthcare professionals, have unique needs and expectations that are dramatically
As a doctor and entrepreneur, Scott Jacobson, D.O., finds financial independence very important. And though the challenge of medicine is enjoyable for him, the costs of operating an independent practice—from facilities and equipment to payroll—add up fast. Dealing with Business Expenses the Smart Way Dr. Jacobson understands that running his independent medical practice takes money
Letitia Barnett had always dreamed of becoming a doctor. When her life shifted gears and becoming an MD was no longer possible, Letitia proudly served her community for nearly 30 years as a registered nurse. While she’s had an excellent career, she was ready to spread her wings and pursue a new venture. Letitia set
Spring has officially sprung, which means that it’s time to do some deep cleaning. Just as you would tackle every corner of your home when the new season hits, your finances deserve the same careful attention. With the first quarter swept under the rug and tax season behind us, here are some ways to help
Healthcare professionals require a lot of training and education. It’s not an easy job (as you know), and when you get home from a long busy day on your feet, the last thing you’re going to want to do is crunch numbers. You take care of people all day, so caring for yourself—especially financially—might feel