In today’s healthcare market, CORNERSTONE is uniquely positioned to provide financing solutions to rural hospitals, critical access hospitals, hospitals (200 beds and under) as well as struggling hospitals with a tailored financing solutions to fit many if not all of their needs. So many times equipment purchases are delayed or postponed all together because there is a lack of funds in the capital equipment budget, that problem is compounded if the profit & loss statement as well as the balance sheet is showing losses, if there is negative retained earnings, slow reimbursement that negatively affects cash flow or an overall lack of liquidity. We can provide financing solutions that will be tailored to fit the individual needs of each hospital.
Operating Leases with interest rates starting as low as 1% depending on equipment, credit, length of term and other factors. Each is evaluated on an individual basis.
Capital Leases starting in the 5% range which is also dependent upon the type of equipment, size of the transaction, credit and length of term.
Accounts Receivable Financing (NOT FACTORING) but a true asset based lending that will allow you to recognize your outstanding AR up to 150 days. This will allow you to collect on a daily basis up to 85% of your net collectables.
An affiliated funding partner that can help provide HUD financing.
We provide financing for all new and refurbished equipment that your hospital may desire and in most cases we only require 1st payment in advance. With our financing there is never the requirement for quarterly reporting as is required by many banks and lending institutions.