The Premier Buying Network for Medical Spas & Aesthetic Physicians


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All Posts Tagged: Small Business Loan

MedResults Partners with Small Business Lender, Kabbage

MedResults members can now easily apply for and access a Kabbage line of credit up to $150,000 to manage their businesses.

This week, MedResults Network formed a new partnership with Kabbage, a nationwide leader in small business funding. Through the new relationship with Kabbage, our 3,000 aesthetic members now have a radically uncomplicated way to access working capital to support, grow and protect their businesses.

After more than nine years of serving aesthetic providers nationwide, we discovered that one of the primary barriers to growth within the industry was the lack of resources and overall capital available to smaller aesthetic practices. As we’re in the business of saving our members time and money, finding a partner who could provide our members fast and simple access to additional capital became critical. Now, through the Kabbage partnership, MedResults members can work smarter to financially support and grow all aspects of their business.

So, why Kabbage?

When we started doing our homework to find the best funding solution for our members, their feedback indicated that most traditional sources of capital presented many problems, including a tedious application process, only took credit scores into account, limited the use of funds, and had inflexible payment terms. After months of due-diligence, we chose Kabbage because they excelled where traditional financing companies could not

So, what’s the benefit to members?

  • Members apply online. Members can complete the application in minutes and know right away how much funding they can access.
  • No obligation. It’s free for members to apply, and there’s no cost until they use their funds.
  • Flexible funds. Kabbage offers ongoing lines of credit up to $150,000. Members withdraw the increment they need, when they need it, without reapplying.
  • Trusted and secure. Kabbage has provided over $5 billion in funding to 165,000+ small businesses. Kabbage is A+ rated by the Better Business Bureau and certified for customer privacy.

For more information about Kabbage or to apply today, visit www.kabbage.com/mrn.

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SBA Loan Group, a Leading SBA Loan Packager, Announces Affiliation with Largest Aesthetic Buying Network, MedResults Network

PRESS RELEASE JULY 21, 2016

SBA Loan Group, a leading SBA loan packager, announces today their affiliation with the MedResults Network, the nation’s largest buying network for aesthetic medicine providers and medical spas. The purpose of this affiliation is to assist MedResults Network’s 2,500 members in obtaining low cost (currently 6.25% or less) and long-term (10-25 years) financing through the SBA Loan Guarantee Program.

SBA Loan Group works with the borrower to gather all the data needed to apply for a SBA loan. It then analyzes the data to ensure that the company qualifies for the loan. It then prepares a pre-underwriting analysis, fills out all the bank applications, and applies on behalf of the customers to one or more of its more than 50 participating banks.

SBA Loan Group assists the bank and the client in receiving a bank commitment letter, SBA approval and funding of the loan.

SBA Loan Group only receives a fee on the successful closing of the funding of the loan.

With more than 2,500 members, the collaboration between SBA Loan Group and MedResults Network will be beneficial for both parties.SBA Loan Quote for Blog

Jeff Routledge, CEO of MedResults Network stated, ”We are very excited to partner with SBA Loan Group, over the past 12 months we have experienced a much higher volume of calls from our members looking for better financing alternatives for working capital, equipment and device financing and re-financing, practice and med spa expansion, and real estate acquisition. We listened to our members and we know we have found a great financing partner and solution for them. The leaders of SBA Loan group have multiple decades of experience working with physicians and facilities, our members will greatly benefit from this experience!”

“We are very pleased to have the opportunity to serve the Members of the MedResults Network. With SBA Loan Group’s vast experience in working with physician groups and MedResults Network’s eight-year history of working with aesthetic providers, we think we have a wonderful partnership and program that will greatly benefit MedResults Network Members.” says Jarret Prussin, CEO of SBA Loan Group.

If you are interested in this program please either click this link to fill out the short form and we will contact you or dial (850) 454-1677.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​About the MedResults Network
MedResults Network is an organization based on saving our members time and money! Using the buying power of our 2,500 members, we’ve negotiated with over 50+ national vendors to bring aesthetic providers discounts and rebates on the products and services they use daily.  MedResults Network is the only national buying group that offers benefits at no cost to members, with no risk, and with the opportunity for members to continue purchasing directly from their preferred manufacturers and distributors.

For more information

Jarret Prussin – (850) 454-1677 – jarret@sbaloangroup.comhttp://www.sbaloangroup.com/

 

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