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Need Business Financing? Fund-Ex is the way to go!
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I have been in practice for 10 years and opened my private practice 5 years ago. One of the biggest questions when opening a practice is who to use for financing. I went with Bank of America Practice Solutions only to find myself gridlocked and practically upside down in my loan. After almost 2 years of diligently paying my loan, I recognized a huge increase in my original loan amount. They had me on a negative amortization (that they never told me about upfront) and they refused to rework my loan so that my monthly payments would actually reduce my loan amount. So my search began to find a lender who could help me with this terrible situation. After years of rejection simply at the sound of Bank of America's name, I was directed to Fund-Ex. They assured me that they had dealt with similar scenarios and were confident they could help me. I started a long process with them. Now, I say that with appreciation for their attention to detail and consideration for my time. They will not get you started in the process if they do not sincerely feel they can help you. After dealing with BOA who threw money my way with absolute ease only to find out that they were robbing me on the other end, I valued the process to get things done right and to my favor through Fund-Ex. Melissa W. was my representative and she did everything possible to make this process smooth. She was always friendly, promptly responsive, and showed compassion to the situation I was in. Once everything was complete, not only did they relieve me of my BOA loan but they reduced the interest rate by nearly 5%, relieved me of all outstanding financial balances, and provided a working capital of $100K. Now, I can focus on patient care and not stress out over how I am going to pay my team or my bills. They provided the financial security that I needed to grow my practice and not fill imprisoned by the lender. When I am ready to expand, I will use them again.
I rate it 4.5/5 stars just because of the length of time the process takes. However, it was well worth it!
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