Working Capital for Home Health Care Agencies
Home health care agencies run payroll for a large field staff of caregivers and nurses well before Medicaid, Medicare, or private insurance pays out for the visits those caregivers already completed. Working capital bridges that gap and funds the hiring and vehicle costs of a growing agency.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so home health care agencies never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Caregivers and home health aides are paid on a regular payroll schedule, while Medicaid, Medicare, and private insurance reimbursements for those same visits can take weeks or months to arrive.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Growing an agency means recruiting, background-checking, and onboarding new caregivers well before their caseload generates enough billable visits to cover that cost.
One approval, draw what you need, and return for additional funding as your home health care agencies business performs. Mileage, vehicle maintenance, and fuel for a field staff that travels between clients add a recurring expense that has to be covered regardless of when reimbursements clear.
Keep caregiver and nursing payroll on schedule while Medicaid and insurance claims are still processing.
Fund the hiring, background checks, and training needed to grow a field staff.
Cover the vehicles and mileage costs that come with serving clients across a service area.
Yes. We work with home health care agencies regularly and understand that Medicaid, Medicare, and private insurance reimbursements often lag well behind caregiver payroll.
Yes, many home health agencies use working capital to recruit and onboard caregivers ahead of new client referrals, rather than waiting for cash to catch up first.
We fund home health care agencies of all sizes, from a handful of caregivers to larger multi-office operations, based on the agency's monthly revenue.
Paz funds home health care agencies from $2,500 to $5,000,000. Most home health care agencies qualify for $25,000 - $300,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Home Health Care Agencies funding, approved in as little as 24 hours