Working Capital for Physical Therapy Clinics
Physical therapy clinics turn patient referrals into long courses of treatment, but insurance authorizations and per-visit billing can delay the cash a clinic needs to pay therapists and keep the lights on. Working capital helps PT practices add treatment equipment, hire licensed therapists, and open new locations on their own timeline.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so physical therapy clinics never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Insurance pre-authorizations and per-visit claim submissions can take weeks to reimburse, even after the patient has already completed their course of therapy.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Licensed physical therapists are paid whether or not that week's claims have cleared, so payroll runs on a schedule insurance companies rarely match.
One approval, draw what you need, and return for additional funding as your physical therapy clinics business performs. Referral volume from orthopedic surgeons and primary care physicians can shift quickly, making it hard to predict a clinic's caseload more than a few weeks out.
Add the modalities and rehab equipment patients expect from a modern physical therapy clinic.
Keep licensed therapists and support staff paid while insurance claims are still processing.
Open an additional treatment location or expand square footage to add more therapy bays.
Yes. We work with physical therapy clinics regularly and understand that per-visit insurance billing creates a lag between treating a patient and getting paid for it.
Yes, many physical therapy clinics use working capital to cover a new therapist's salary while their caseload builds and their referrals ramp up.
Most clinics receive a decision quickly, with funds available as soon as the next business day after approval, so equipment purchases and payroll do not have to wait.
Paz funds physical therapy clinics from $2,500 to $5,000,000. Most physical therapy clinics qualify for $20,000 - $200,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Physical Therapy Clinics funding, approved in as little as 24 hours