The consortium of healthcare and the medical professional support the health and wellbeing of the 350 million Americans. This industry has an enormous impact on the nation’s gross domestic product. It alone accounts for almost one-fifth of our gross domestic product. It is massive and made more potent by a collaborative medical research system in cooperation with both colleges and universities and the technology industry.
The cost of opening and operating healthcare, medical and Veterinary practices can be enormous, depending on the specialty. Medical professionals require funding to support every aspect of the service provided, such as start-up, expansion, construction, acquisition of real estate, refinance, and working capital.
Healthcare and medical facilities vary widely in the services provided, which require raw and specialized and cutting edge technologically advanced equipment, facilities, and billing systems. Many lenders are not prepared to support the varied funding needs this industry requires. At K-WAM, we represent a lending network with loan programs as varied as the complex services in the healthcare and medical industry. For additional information, send a message to our team, Click here.