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  Cornerstone Medical Technology Finance Accounts
Cornerstone Medical Technology Finance Accounts
in Accounts Receivable Financing from Cornerstone Medical & Technology Finance
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Cornerstone Medical Technology Finance Accounts

Unaffiliated
in Accounts Receivable Financing from Cornerstone Medical & Technology Finance
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Highlights
Loan Amount N/A
APR  (Fee-Based Product) Starting at 5%
(Verified 08/04/2023)
Minimum Months in Business N/A
Minimum Revenue N/A

Cornerstone Medical Technology Finance Accounts Review

Cornerstone Medical Technology Finance Accounts 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 are available in 50 states (and Washington, DC).

Cornerstone Medical Technology Finance Accounts FAQ

What APRs does Cornerstone Medical Technology Finance Accounts 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 charge an origination fee?

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

What type of invoice collection structure does Cornerstone Medical Technology Finance Accounts 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 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?

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

  • Business license
  • Business bank account

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

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

  • Equipment purchase
  • Inventory
  • Payroll
  • Product or service expansion
  • Technology investment
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Message From Cornerstone Medical Technology Finance Accounts

We maintain a relationship with 3 funding institutions that provides outstanding Accounts Receivable Financing. The rates are dependent upon the amount of accounts receivable to be considered, the length of the contract and the credit of the medical facility requesting funds. Some rates run as low as 5%. This is Asset Based Lending and is not factoring. Our Accounts Receivable Financing allows you to fund your net collectables out 150 days on 3rd party medical billing. Unlike your local banking partner who in most cases will only go out 90 days. With the continual changes in our medical climate doesn’t it make sense to investigate the advantages that our program could offer you?

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by Cornerstone Medical & Technology Finance

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Business Loans

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Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • 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
  • Washington, DC
  • 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-Based Product) Starting at 5%
(Verified 08/04/2023)
APR Type Fee-Based Product
Invoice Qualifications
  • Net 10 Days
  • Net 15 Days
  • Net 30 Days
  • Net 60 Days
  • Net 90 Days
  • Net 120 Days

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