Provider Web Capital is very pleased to announce another record month of financings originated during the month of May.
Atlanta, GA (1888PressRelease) June 04, 2015 - Provider Web Capital is very pleased to announce another record month of financings originated during the month of May, with a few key deals highlighted below:
• $150,000 to an Arizona-based clinic to expand their facilities;
• $70,000 to a North Carolina-based home health practice for working capital management;
• $60,000 to a Milwaukee area home health practice for expansion; and
• $5,000 to a Maryland-based mental health practice for cash flow stabilization.
This most recent month expands Provider Web's reach into both Arizona and Wisconsin, and continues the recent trend of large growth. Provider Web's month-over-month growth rate is roughly 25%, considerably higher than the industry average. What seems much more promising, however, is the month-over-month growth rate of additional financing to existing clients. This growth rate, a staggering 77.5%, shows that the market is responding to Provider Web's Remit eXL product, and that Provider Web's dedication to customer service and providing the best possible product to its clients leads to repeat customers. "We feel very fortunate to be working in such an innovative and exciting industry," said Chief Executive Officer Brian Zwerner. "We hope to continue this trend of high growth, expand our client base, and maximize our market share in the alternative lending industry." Mr. Zwerner has credited the fast growth to strong internal controls, significant strategic partnerships, and a dedicated and ramped-up sales force. "In order to be a successful business, all parts must be able to work effectively as a team, as well as individually. By individually succeeding and being able to aggregate that success, we've been able to sustain this growth rate, and hope to do so for the continuing future."
About ProviderWeb Capital:
Provider Web Capital is a specialty provider of commercial funding programs developed specifically to address the needs and complexities of the healthcare sector. Based in Atlanta, Georgia, Provider Web Capital works with clients across the United States. Provider Web Capital has developed practice financing products designed to supply healthcare providers fast access to short term funding for their business. Repayment is based on receivable collections and is not tied to a fixed amortization schedule. Funding is fast, flexible, and works in tandem with our client's existing revenue cycle process. Provider Web provides funding amounts from $10,000 to $250,000 and higher.
Provider Web Capital is very pleased to announce another record month of financings originated during the month of May. 
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