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  Cornerstone Medical & Technology Finance Accounts Receivable Financing

Cornerstone Medical & Technology Finance Accounts Receivable Financing

in Accounts Receivable Financing from Cornerstone Medical & Technology Finance

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Highlights
Loan Amount N/A
APR  (Fee or Charge Based Product) Starting at 5%
Minimum Months in Business N/A
Minimum Revenue N/A

Cornerstone Medical & Technology Finance Accounts Receivable Financing Review

Cornerstone Medical & Technology Finance Accounts Receivable Financing is offered by Cornerstone Medical & Technology Finance, a financial services company founded in 2005 and based in Lees Summit, MO. Cornerstone Medical & Technology Finance Accounts Receivable Financing is available in 50 states (and Washington, DC).

Cornerstone Medical & Technology Finance Accounts Receivable Financing FAQ

What APRs does Cornerstone Medical & Technology Finance Accounts Receivable Financing offer?

The cost of accounts receivable financing is typically calculated as a percentage of the invoice value, which is charged monthly. Pricing varies widely depending on several factors, such as how long you it takes to repay the invoice advance.

Does Cornerstone Medical & Technology Finance Accounts Receivable Financing charge an origination fee?

Yes, Cornerstone Medical & Technology Finance Accounts Receivable Financing charges a origination fee.

What type of invoice collection structure does Cornerstone Medical & Technology Finance Accounts Receivable Financing offers?

Cornerstone Medical & Technology Finance collects payment for invoices directly from clients.

What types of invoices does Cornerstone Medical & Technology Finance accept?

Cornerstone Medical & Technology Finance Accounts Receivable Financing accepts the following invoice type when applying for accounts receivable financing.

  • Business-to-business invoices (B2B).

What trade credit terms does Cornerstone Medical & Technology Finance accept?

Cornerstone Medical & Technology Finance accepts the following trade credit term. Trade credit terms are usually expressed as Net D, where D stands for the numbers days after which payment of the invoice is expected.

  • Net 10 days.
  • Net 15 days.
  • Net 30 days.
  • Net 60 days.
  • Net 90 days.
  • Net 120 days.

What are the business financing requirements for Cornerstone Medical & Technology Finance Accounts Receivable Financing?

To apply for Cornerstone Medical & Technology Finance Accounts Receivable Financing, the borrower needs to provide the following business document:

  • Business license
  • Business bank account

What limitations does Cornerstone Medical & Technology Finance Accounts Receivable Financing set on the purpose of the loan?

Cornerstone Medical & Technology Finance Accounts Receivable Financing considers accounts receivable financing applications for business purposes, such as:

  • Equipment purchase
  • Inventory
  • Payroll
  • Product or service expansion
  • Technology investment
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Contact

  • Headquarters
  •   9722 S. Windsor Dr.
    Lees Summit, MO 64086
  •   Visit Site

Other Services by Cornerstone Medical & Technology Finance

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Business Financing Requirements
  • Business License
  • Business Bank Account
Credit Score Range 640 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Invoice Collection Structure Collected By Lender Directly
Invoicing Type B2B
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Verification Documents Required
  • Proof of Income
  • Proof of Identity
  • Business Formation Documents
  • U.S. Tax Identification Number
  • Recent Bank Statements
  • Social Security Number
  • Business Tax Return
  • Employer Identification Number
Collateral Requirement Unsecured
Intended Use of Funds
  • Equipment Purchase
  • Product or Service Expansion
  • Inventory
  • Payroll
  • Technology Investment
Approval Speed 24 hours
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Frequency Monthly
Payment Options
  • Automatic Payments
  • Credit/Debit Card
APR (Fee or Charge Based Product) Starting at 5%
Invoice Qualifications
  • Net 10 Days
  • Net 15 Days
  • Net 30 Days
  • Net 60 Days
  • Net 90 Days
  • Net 120 Days

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