The funding solution that kept the pulse steady

Company: Florida-based healthcare management group
Industry: Healthcare Management Group
Location: United States of America

Problem:
Cash flow gap due to upfront costs of software

Solution:
Software Financing

Results: $130,000

How Swoop secured software financing to keep a fast-growing healthcare group online

At Swoop, we help businesses bridge cash flow gaps so they can stay focused on growing. Here’s how we supported a healthcare management group whose rapid acquisitions had left its financial reporting fragmented – and how we stepped in after multiple capital providers had already said no.

Challenge

A Florida-based healthcare management group had grown fast through a run of acquisitions, but that growth came with a catch. Fragmented reporting and losses on paper made the business look risky to lenders, and several capital providers turned them down.

With the renewal of their accounting software on the line, they needed a fast, flexible solution to keep operations running smoothly.

Need to cover critical software costs without slowing growth? Get started today.

Solution

Working to a tight timeline, we secured a $130,000 software financing facility. Its flexible structure gave the business access to the funding it needed, while working around the complexity of its financial position.

That flexibility let the company renew its critical accounting software, rebuild its reporting capability, and continue on it’s growth trajectory.

Looking for funding that adapts to your situation? Explore software financing.

Result

With funding in place, the business renewed its accounting software licence and strengthened its financial reporting. A competitive rate gave them the stability to move forward with confidence and the breathing room to keep growing.

Don’t let funding gaps hold you back. Discover how Swoop can support your growth.

Click here to get started.