Care One Funding, LLC provides financing to medical, dental and care providers. We work around the one thing that makes healthcare different from every other small business: the gap between treating a patient and being paid for it.
Illustrative — every payer mix behaves differently
Who we are
Care One Funding, LLC is a non-depository lender — not a bank, and we don't take deposits. We finance healthcare providers: physician and dental practices, specialty clinics, diagnostic and imaging centers, therapy and home care agencies, and residential care operators.
Healthcare businesses are underwritten badly by generalist lenders, and the reason is structural. A practice does not get paid when it does the work. It performs a service, submits a claim, and waits — while payroll, rent, supplies and equipment leases continue as if nothing were pending. A credit model built around retail cash flow reads that pattern as weakness rather than as the normal shape of the industry.
Our approach starts from the payer mix rather than ignoring it. Commercial insurance, Medicare, Medicaid and private pay behave differently, and a practice's real financial position is invisible until you look at that mix.
A profitable practice can still be short in March. That is a calendar problem, not a business problem.
Healthcare providers, not every business type
Underwriting that accounts for how you're paid
Total repayable and schedule before signature
Bergen County, in one of the country's densest care markets
What we fund
Practices and care operators come to us for a fairly predictable set of reasons. These are the ones we see most.
Imaging, dental chairs, lasers, monitoring and lab hardware. Equipment that expands what you can bill for should not require paying for it upfront.
Buying into a partnership, acquiring a retiring colleague's practice, or adding a second location — transactions where the asset is largely goodwill and patient base.
New treatment rooms, compliance upgrades, or fitting out a new suite — capital deployed months before the first patient walks into the space.
Bridging the reimbursement gap: payroll and supplies covered while claims move through the payer's queue at their own pace.
Advancing against claims already submitted to creditworthy payers, where the only real problem is how long remittance takes.
Replacing several expensive short-term obligations with one structured facility — where the arithmetic genuinely improves the practice's position.
Why healthcare is different
Most lenders assess a business by asking what came in last month. For a practice that question is close to meaningless, because a large part of last month's work is still sitting with a payer.
Understanding this is not a courtesy — it changes the underwriting. A practice with heavy receivables from reliable payers is in a completely different position from one with the same bank balance and no claims outstanding.
Submitted claims to solid payers are an asset, not a footnote
Commercial, Medicare, Medicaid and private pay all remit differently
A financed machine that expands billing is a different case from a fixed cost
Deductible resets in January reshape the whole first quarter
How it works
What the capital is for, what will repay it, and when you need it in place.
Financials, collections and payer mix, reviewed by people who know how claims behave.
Amount, total repayable and schedule, explained in full before you commit.
Funds released, and a contact who stays reachable for the life of the facility.
Client feedback
Two banks looked at our balance sheet and saw a cash-poor practice. Nobody asked about the claims outstanding. Here the first questions were about payer mix and days in receivable, which told me immediately they had done this before.
They told me my problem wasn't cash flow, it was a denial rate I hadn't looked at closely enough. That was not what I wanted to hear, and fixing it changed our position more than the facility would have. We financed the equipment later.
Buying out a retiring partner is mostly goodwill and a patient list, which conventional lenders find difficult to value. The structure here was built around what the practice actually collects rather than what it owns.
FAQ
Get in touch
What the capital is for, what will repay it, and how you're paid. That's enough for a straight assessment — including when the answer is that you don't need us.