FOR IMMEDIATE RELEASE:

CONTACT:
Harry Cummings, President
HLC Financial Services, Inc.
430 East 162nd Street, #330
South Holland, Illinois 60473
Phone: (708) 225-1483
Web: http://www.hlcfinancing.com 
Email: info@hlcfinancing.com 
 

Small to Medium Sized Businesses Find the Solution to Cash Flow with HLC Financial

South Holland, IL – June 8, 2004 - Businesses and healthcare providers experiencing rising industry costs and unpredictable cash flows are being forced into bankruptcies. The trickle-down fallout impedes growth investments throughout the industry causing financial stress across the board. HLC Financial Services, Inc., a nationwide financial consultancy, provides the solution with fast and easy financing. HLC Financial arranges alternative and creative financing solutions through a large network of quality lenders and investors. Clients receive more liquidity, flexibility and faster funding results compared to traditional funding sources, particularly healthcare companies that are among the largest number of clients served by HLC Financial. Whether the need is for cash flow improvement, working capital, equipment financing, bridge loans, purchase order financing, commercial real estate financing or accounts receivable funding, HLC Financial Services has a solution for you.

Among the healthcare solutions, HLC Financial Services can convert third-party medical accounts receivable into cash-in-hand. This debt-free cash flow solution provides working capital to healthcare providers on a weekly basis. No longer do they need to wait six months or more to be reimbursed. The newest, highest in demand types of medical equipment can be financed, including new and refurbished MRI and CT scanning equipments, thus increasing medical services revenues to companies with dated technology. Short-term low interest loans, secured by medical receivables can be arranged for amounts from $5 million and upward.

HLC offers a financial tool that has been used by businesses to improve cash flow for over 50 years that provides “cash now” with no delay for payment of customers’ invoices through sales of accounts receivable. Asset-based loans, using receivables or tangible assets to secure financing, are also available ranging from $500,000 and upward. Clients with negative cash flows or poor credit history thus have a chance to get financing. HLC provides another cash flow solution that converts purchase orders into cash, so clients needn’t wait to replenish stock or equipment until cash is available. These are just some examples of creative funding solutions of HLC.

Among those small to medium-sized companies that are eligible for HLC’s creative financing solutions are physician groups, MRI facilities, ambulance companies, nursing homes, assisted-living facilities, temporary staffing agencies, manufacturers, security firms, hospitals, wholesalers, machine shops, trucking companies, janitorial companies and real estate developers.

Harry Cummings, President of HLC Financial Services, Inc., said, “Our Company is a unique solution provider for traditional cash flow problems for small to mid-size companies. That can be in the area of staffing, equipment, set-up costs, accounts receivable or general finance. We specialize in all businesses with special provisions for healthcare agencies. We think outside the box.”

For more information: http://www.hlcfinancing.com 
Contact: Harry Cummings
Phone: (708) 225-1483
Email: info@hlcfinancing.com 

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