July was another record month for Provider Web Capital, as the company set new origination highs combined with a record number of newly acquired clients.
Online PR News – 05-August-2015 – July was another record month for Provider Web Capital, as the company set new origination highs combined with a record number of newly acquired clients. Provider Web accomplished this while continuing to provide excellent customer service and additional funds to current clients when needed. Some noted transactions from July include:
Funded a Clearwater, FL mental health facility to refinance debt
In addition, the government shut down in the State of Illinois has led to payments being cutoff temporarily for many healthcare providers. Provider Web is actively working with customers in the state to help bridge this gap. The situation in Illinois is different than weve seen in the past, so we have had to restructure our normal product to meet the needs of our clients, Chief Executive Officer Brian Zwerner stated. The circumstances in Illinois have healthcare practitioners within the state; we are there to support the healthcare community by providing them quick access to capital so they can maintain their business operations and patient services.
Last month PWC announced its new Provider Web Cares Initiative. CEO Brian Zwerner said, At Provider Web, we are proud that the funds we offer to our clients are used in their mission to help patients in their community. One such story that was shared with Provider Web Capital was from a 25 year old healthcare provider in Kentucky that performs assessments for disabled veterans. Their CFO reported that, after receiving the funds from Provider Web Capital, I was able to grow and obtain new work with the Veterans Administration. I now have the opportunity to work with veterans waiting for medical services. Provider Web Capital will continue to share stories of our clients successes with their patients in the coming months.
About Provider Web Capital:
Provider Web Capital is a specialty provider of commercial funding programs developed specifically to address the needs and complexities of the healthcare sector. Based in Atlanta, Georgia, Provider Web Capital works with clients across the United States. Provider Web Capital has developed practice financing products designed to supply healthcare providers fast access to short term funding for their business. Repayment is based on receivable collections and is not tied to a fixed amortization schedule. Funding is fast, flexible, and works in tandem with our clients existing revenue cycle process. Provider Web provides funding amounts from $10,000 to $250,000 and higher. Please see further information on our website at: www.providerwebcapital.com or contact us at (855) 860-9700.