Chiropractic practices that have established themselves for at least 4 months and have 3 months of verifiable revenue and find that after they have found a location should consider taking out a loan for additional working capital.
If your location has good visibility and a large pool of individuals that may be interested in using chiropractic services it would be advisable to take a loan out to expand the office or purchase new equipment. This is advisable since a large amount of cash initially went into location costs.
A way for chiropractors to increase their cash flow is through alternative loan programs such as bank statement loans that are available to help the podiatrist with additional cash flow.
Contact Ed Rogers at Small Business Loans Depot 919-771-4177 for details on our bank statement loans programs.
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