Customized Healthcare Funding
Case Overview
Reason: Gap Receivables
Funding Amount: $250,000
Approval Amount: $250,000
Industry: Healthcare
Use of Funds: Operating Expenses
Program Type: Working Capital
The Story
Kip Langat joins us for the first time to discuss a healthcare business out of Maryland that needed to secure $250,000 working capital loan because of a delay in insurance payments. Kip gives us an inside look at how the client was referred to him, the reason he recommended the type of funding, and how common healthcare businesses face payment delays.
The Details
The Client
The client is a healthcare business based in Maryland.
She was referred to Capital Infusion by a family friend who owns a similar business and had previously received funding through us.
She was already somewhat familiar with the funding process, thanks to the referral, and was very cooperative throughout the application.
Since the initial funding, she has returned multiple times for additional capital.
She now views Capital Infusion as a reliable and long-term funding partner for her business.
The Situation
The client was experiencing delays in insurance payouts, which created cash flow issues.
She urgently needed funding to cover payroll that was due the same day she reached out.
This situation is common in the healthcare industry, where revenue is typically guaranteed but payment timing can be unpredictable.
In addition to payroll, the client also needed to manage other operating expenses, such as rent and utilities.
The Solution
We secured a $250,000 working capital loan for the client.
The funding was deposited into her account within three hours of receiving her application.
We structured the funding as a flexible, hybrid line of credit, allowing her to draw smaller amounts as needed rather than using the full approval at once.
This setup provided her with a reliable solution for bridging temporary cash flow gaps.
Our ability to move quickly and tailor the funding to her specific needs has helped build a strong, ongoing relationship with her business.