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 the hospitals and independent practices.
As a result, both owners and staffed practitioners have been left wondering if they’re financially prepared to get through this difficult time. And we can understand why. Without revenue coming in, cash flow for covering operational costs and day-to-day expenses, including payroll, is limited.
In these uncertain times, it’s important to understand the financial options available for healthcare professionals–practice owners or otherwise. In many cases, healthcare professionals are looking for an injection of capital until COVID-19 is contained, and the healthcare system transitions back into “normal” operations. For instances like this, finding a financial partner who truly understands the inherent value and unique needs of healthcare professionals is imperative. That’s why BHG is launching a new loan program to ensure customers like you remain financially strong:
A No-Payment Opportunity, for up to 89 Days*
We’re offering a 60-day deferred payment* program for new loans, where your first payment can be made up to 89 days from loan closing. Features of the incentive include:
- Loan amounts from $20,000 – $250,0001
- With 60-day deferred payment* on new loans, take up to 89 days before first payment
- Flexible repayment terms up to 10 years
- 24-hour approval
- Funds in as few as 3 days
- Won’t affect your personal credit2
- No personal collateral required
And with BHG’s No-Touch Lending Process, we have the technology and tools in place to help you get funded without ever leaving your home. No paperwork to print. No hands to shake. We are ready to help you find the financial solution you need, seven days a week, until midnight ET Monday through Friday and 10am-2pm ET Saturday and Sunday.
In need of an SBA loan? Our wholly-owned subsidiary Fundex Solutions Group is one of 14 non-bank lenders who is actively lending through its SBA 7(a) loan Solution, offering large loan amounts for a variety of business uses.
If you need to increase cash ﬂow, consolidate debt, or cover other expenses during these challenging times, you can turn to BHG. Estimate your affordable monthly payment instantly, apply online or call 866-297-4311 to get started today.
1Terms subject to credit approval upon completion of application. Loan sizes and interest rates vary and are determined by applicant’s credit profile. 2Monthly payments will not be reported to credit reporting agencies. However, accounts in collections with serious delinquencies may be reported. Call 866-297-4311 for complete program details. Loans made in California are made or arranged pursuant to the California Financing Law, License No. 603-G493.
*Deferred loan program not available in all states.