Home health care services allow seniors to age in place rather than moving to a nursing home or long-term care facility. The home health care industry in Canada is forecast to grow substantially over the next several years thanks to a number of factors, including an aging population and advances in technology.
Home health care providers are ideal candidates for traditional funding like Canada Small Business Financing Program loans because they are always in demand and have a reliable income. However, the application process for this program and other commercial lenderscan last months, and there’s no guarantee of approval. While you’re waiting, your patients may suffer and valuable opportunities for growth can be lost.
As an alternative lender, Greenbox Capital® can approve more home health care agency funding than traditional lenders, and we can approve funding faster, with funds deposited in as little as one business day. We provide multiple types of home health care funding to help grow your agency, with funding from as low as $3,000 up to $500,000 and no restrictions on how you can use your funds. We fund all home health care agencies, including non-medical home care, hospice care, senior care, personal care services, and more.