Pharmacy Funding
With over 27,000 pharmacies in the United States, stay ahead of industry changes and boost your independent pharmacy’s success with up to $500,000 in funding from ASAP Capital, available in
as little as 24 hours.
Pharmacy Funding
With over 27,000 pharmacies in the United States, stay ahead of industry changes and boost your independent pharmacy’s success with up to $500,000 in funding from ASAP Capital, available in
as little as 24 hours.
Reliable Pharmacy Funding
Traditional lenders often consider independent pharmacies to be “low risk” due to their healthy profit margins, high revenue, and the stability of providing a needs-based service less dependent on disposable income. While traditional lenders like banks or the SBA may provide the funding you need, the application process can take months, with no guarantee of approval. During this time, opportunities to grow or expand your pharmacy may slip away.
With a streamlined online application and flexible approval requirements, ASAP Capital can approve more pharmacy funding than traditional lenders—and we do it faster, with funds deposited in as little as 24 hours. Offering several pharmacy funding options from $3,000 to $500,000, ASAP Capital can help grow pharmacies in all specialties, including retail pharmacies, compounding pharmacies, and more.
Pharmacy Funding Rates
Pharmacy funding rates vary depending on the type of alternative small business funding you receive. Most pharmacy funding options use a factor rate instead of a traditional interest rate. Factor rates are simple decimal figures indicating how much "extra" you will owe on the original loan amount and are determined based on your risk assessment.
Reliable Pharmacy Funding
Traditional lenders often consider independent pharmacies to be “low risk” due to their healthy profit margins, high revenue, and the stability of providing a needs-based service less dependent on disposable income. While traditional lenders like banks or the SBA may provide the funding you need, the application process can take months, with no guarantee of approval. During this time, opportunities to grow or expand your pharmacy may slip away.
With a streamlined online application and flexible approval requirements, ASAP Capital can approve more pharmacy funding than traditional lenders—and we do it faster, with funds deposited in as little as 24 hours. Offering several pharmacy funding options from $3,000 to $500,000, ASAP Capital can help grow pharmacies in all specialties, including retail pharmacies, compounding pharmacies, and more.
Pharmacy Funding Rates
Pharmacy funding rates vary depending on the type of alternative small business funding you receive. Most pharmacy funding options use a factor rate instead of a traditional interest rate. Factor rates are simple decimal figures indicating how much "extra" you will owe on the original loan amount and are determined based on your risk assessment.
Pharmacy Funding Solutions
Our friendly and expert Funding Advisors will collaborate with you to identify the best funding option to achieve your goals without compromising your pharmacy’s cash flow.
Pharmacy Funding Solutions
Our friendly and expert Funding Advisors will collaborate with you to identify the best funding option to achieve your goals without compromising your pharmacy’s cash flow.
How to Utilize Pharmacy Funding
In addition to being highly dependent on economic conditions, manufacturing businesses face challenges like high inventory costs, globalization, automation, and skilled labor shortages. While technological advancements can address these obstacles, the associated costs and long accounts receivable periods can strain your cash flow and impede your ability to tackle these issues effectively. Alternative manufacturer funding can help your business overcome these challenges and support continued growth.
Manufacturer funding from ASAP Capital comes with no restrictions on its use. It is typically best applied to growth strategies that will boost your business’s revenue, such as:
Introducing new services such as compounding or blood pressure screenings.
Acquiring inventory, equipment, and pharmacy supplies.
Renewing licenses and certifications.
Investing in specialized training for pharmacists.
Providing special off-site health programs like flu shot clinics.
Adding on-site patient services such as a walk-in clinic.
Expanding to or acquiring a new location.
Hiring staff to expand your practice’s services and accommodate more patients.
Upgrading or investing in new equipment or lab supplies.
Developing a secure website to offer services like online booking or virtual care.
Enhancing your marketing and advertising efforts to attract more patients.
Purchasing a new location or expanding your current practice.
Renovating your office to create a more comfortable patient experience.
Alternative pharmacy funding can also help when you need a quick influx of working capital to meet the unique challenges of running a pharmacy, such as:
Lower reimbursement rates
Ineligibility for Medicare prescription drug plans
Delays in payment from insurance providers
Evolving customer expectations, such as reduced wait times and help with insurance issues
Competition from chain pharmacies and major retailers
Government regulations and supply chain limitations
Continuous licensing and certification expenses
How to Utilize Pharmacy Funding
In addition to being highly dependent on economic conditions, manufacturing businesses face challenges like high inventory costs, globalization, automation, and skilled labor shortages. While technological advancements can address these obstacles, the associated costs and long accounts receivable periods can strain your cash flow and impede your ability to tackle these issues effectively. Alternative manufacturer funding can help your business overcome these challenges and support continued growth.
Manufacturer funding from ASAP Capital comes with no restrictions on its use. It is typically best applied to growth strategies that will boost your business’s revenue, such as:
Introducing new services such as compounding or blood pressure screenings.
Acquiring inventory, equipment, and pharmacy supplies.
Renewing licenses and certifications.
Investing in specialized training for pharmacists.
Providing special off-site health programs like flu shot clinics.
Adding on-site patient services such as a walk-in clinic.
Expanding to or acquiring a new location.
Hiring staff to expand your practice’s services and accommodate more patients.
Upgrading or investing in new equipment or lab supplies.
Developing a secure website to offer services like online booking or virtual care.
Enhancing your marketing and advertising efforts to attract more patients.
Purchasing a new location or expanding your current practice.
Renovating your office to create a more comfortable patient experience.
Alternative pharmacy funding can also help when you need a quick influx of working capital to meet the unique challenges of running a pharmacy, such as:
Lower reimbursement rates
Ineligibility for Medicare prescription drug plans
Delays in payment from insurance providers
Evolving customer expectations, such as reduced wait times and help with insurance issues
Competition from chain pharmacies and major retailers
Government regulations and supply chain limitations
Continuous licensing and certification expenses
How Pharmacy Funding Works
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales, with amounts based on your sales volume.
How Pharmacy Funding Works
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales, with amounts based on your sales volume.
Are You Eligible for Pharmacy Funding?
Exact qualification requirements depend on the type of pharmacy funding you are seeking. Approval for pharmacy funding from ASAP Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your practice, including:
Business revenue
Cash flow management
History of payments to vendors
Duration of business operation
Publicly available records
Are You Eligible for Pharmacy Funding?
Exact qualification requirements depend on the type of pharmacy funding you are seeking. Approval for pharmacy funding from ASAP Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your practice, including:
Business revenue
Cash flow management
History of payments to vendors
Duration of business operation
Publicly available records
Helpful Resources for Pharmacies
10 Small Business Loan Alternatives (Beyond SBA, Banks, and Family & Friends)
Understanding Short-Term vs. Long-Term Business Loans
Merchant Cash Advances: What Is an MCA and How Can It Be Used?
Helpful Resources for Pharmacies
10 Small Business Loan Alternatives (Beyond SBA, Banks, and Family & Friends)
Understanding Short-Term vs. Long-Term Business Loans
Merchant Cash Advances: What Is an MCA and How Can It Be Used?
Damon: (619) 453 5737