Phil Cohen, CEO of PRN Funding, wrote a featured article for the August 2009 edition of Home Health Line’s Private Duty insert.
The article, titled “Grow in a Tough Economy: 3 Alternative Ways to Locate Business Financing,” describes three nontraditional, yet effective ways for financing your private duty business. Below is a list of the 3 alternatives:
- Banking with family and friends
- Peer-to-peer lending
- Exchange Medicaid invoices for cash
Mr. Cohen goes into further detail about each financing option. Many other vendors in the health care industry might consider trying some of these options too.
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