Line of credit
At times, some practices may experience uneven cash flows. Smooth your cash flow fluctuations with Avant Finance’s line of credit solution and ensure working capital is always on hand.
Bridge cash gaps from known cash shortfall periods or unexpected costs.
Like many businesses, at times practices may experience lumpy cash flows. There may be predictable times. At other times, the practice may face unplanned expenses.
This is where line of credit finance plays a vital and cost-effective role, giving your practice a reliable source of working capital, with the flexibility to pay the balance down when cash holdings are in surplus.
Avant Finance’s line of credit provides working capital to keep your practice running smoothly.
How does a line of credit work?
Avant Finance’s team of medical lending specialists will work with you to determine a limit for your line of credit.
The advantage of a line of credit is that it offers the flexibility to draw down funds when needed, with the freedom to reduce the balance owing at your own pace. Monthly payments are interest only, with interest is charged only on the funds drawn and outstanding.
Access to working capital
A line of credit provides access to funds when needed.
Cost-effective
Interest is only charged on funds drawn down.
Flexibility
Enjoy the freedom to make interest-only payments to preserve cash resources.
Save on additional costs
Have the funds available to secure early payment discounts.
Efficient process
We can have your line of credit facility available for use once approved.
Why partner with Avant Finance?
As a specialist lender to medical, dental and veterinary professionals, Avant Finance understands the financing needs of doctors.
We offer an efficient application and approval process, with funding available to new as well as established practices.
One of our key strengths is the choice we provide.
Choose from our competitively-priced line of credit option for doctors or let us recommend a suitable product from one of our lender partners.
Disclaimer: All applications for credit are subject to eligibility and credit approval criteria. Approval of any loan is subject to standard credit assessment and is at the lender’s complete discretion. Terms, conditions, fees and charges apply. Contact Avant Finance for further details.
