ProviderWeb Acquires Four New Clients during February 2015

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ProviderWeb Capital is pleased to announce four new client fundings during the month of February, expanding the company’s presence across the nation and providing healthcare practitioners with facilities to manage their working capital effectively and efficiently.

ProviderWeb Capital is pleased to announce four new client fundings during the month of February, expanding the company’s presence across the nation and providing healthcare practitioners with facilities to manage their working capital effectively and efficiently. Below are the details of the most recent transactions:

  • $80,000 of financing to a North Carolina-based pain management practice to increase working capital;
  • $50,000 of financing to a children’s pediatric therapy services practice based in the Chicago area;
  • $15,000 of financing to a Metro Atlanta-based speech services practice; and
  • $100,000 of financing for a long term care facility in South Carolina.

ProviderWeb has also released a new product to complement its Remit eXL product, known as Remit eXL Fixed, where repayment is a scheduled weekly amount, rather than a percentage of clients’ revenues. “We’re very excited about the prospect of using Remit eXL Fixed,” Chief Executive Officer Brian Zwerner said recently. Zwerner noted that, “We are happy that we are able to meet the ever-changing demands of our client base, and we believe this new product will give our clients more freedom and flexibility to manage their revenue cycles.” ProviderWeb President Greg McCollum echoed Mr. Zwerner’s sentiments, saying that, “Things are changing around here at ProviderWeb, and we’re continuing to see positive growth as a result. With new strategic partnerships and innovative facilities, we are equipping ourselves with the best possible solutions to meet our clients’ needs.” Optimistic about the future, Mr. Zwerner was quoted as saying that, “Every month since I came on board at ProviderWeb, our goal has been to increase our revenue and acquire new clients, and every month we have reached this goal.” Indeed, ProviderWeb is making its mark on the healthcare industry, and this trend doesn't seem to be slowing any time soon.

About ProviderWeb Capital:

ProviderWeb Capital is a specialty provider of commercial funding programs developed specifically to address the needs and complexities of the healthcare sector. Based in Atlanta, Georgia, ProviderWeb Capital works with clients across the United States. ProviderWeb Capital has developed practice financing products designed to supply healthcare providers fast access to short term funding for their business. Repayment is based on receivable collections and is not tied to a fixed amortization schedule. Funding is fast, flexible, and works in tandem with our client’s existing revenue cycle process. ProviderWeb provides funding amounts from $10,000 to
$250,000 and higher. Please see further information on our website at:

http://www.providerwebcapital.com or contact us at 866-400-8995.

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Michael Griffin
@ProviderWebCap
since: 09/2011
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