Traditional lenders often consider independent pharmacies to be “low risk” thanks to healthy profit margins, high revenue, and the stability of operating a needs-based service that is not as closely tied to disposable income as other businesses. You may be able to get the working capital you need from a traditional lender, but the process can take months, and there’s no guarantee of approval. Opportunities to grow or expand your pharmacy can easily vanish while you wait.
As an alternative lender, Greenbox Capital can approve more pharmacy working capital loans, with funds deposited in as little as one business day. We provide multiple types of small business funding to grow your independent pharmacy, with funding from as low as $3,000 up to $500,000.