Medical & Healthcare Financial Services - Equipment Loans

Cornerstone Medical & Technology Finance is a national healthcare finance company with ability to fund transactions in all 50 states and Canada. As specialists in healthcare and technology finance our heathcare & medical equipment loans and leases help you grow and profit through equipment purchases and technology acquisition. NAELB Cornerstone Medical & Technology Finance, LLC is a BBB Accredited Business. Click for the BBB Business Review of this Financial Services in Lees Summit MO

Meet the CEO

Cornerstone Medical & Technology Finance (CMTF) was founded in August 2005 as a small leasing company that would cater to the needs of the customer, our clients, our vendor partners as well as our funding partners.

Our Customers --- We attempt to answer all telephone calls by the 3rd ring and provide all customers with a live person to discuss their potential or existing transaction. We provide them with the best rates, terms and conditions of any small leasing company. We are proud that we received and issued to our customers an approval ratio of over 95% in 2014.

Our Clients --- We consider previous customers that have completed a transaction and in most cases, several transactions over a number of years, our clients. Over 50% of all transactions in 2014 were from repeat customers who came back because of our responsiveness to their needs and our ability to address their wants, desires and concerns.

Vendor Partners --- Our relationship with our vendor partners is the CORNERSTONE of our business and we are proud of the relationships that we have developed. A major thank you goes to our first vendor partners, INTEGRA GROUP and CRITERIAN MARKETING, who we have maintained vendor relationship with for 10 years and the many others that have followed. We offer our vendor partners something that we feel is unique in the medical equipment leasing market place

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Meet Our Leasing Dream Team

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Denise Boelte
Sr. Vice President of Professional Relations, Hospital, Critical Access Hospitals and Physician Owned Hospitals

Denise Boelte is a CPA with 25+ years of Health Care experience. She has a degree from Oklahoma State University & Masters of Science in Health Care administration from the Medical College of Virginia.

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Pete Cooper
Sr. VP Business Development and Corp. Relations

Mr. Peter “Pete” Cooper, in his current position is responsible for developing new business opportunities for Cornerstone with medically related product and service vendors, medical practices and medical facilities.

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Steve Dryden
National Director of Pharmacy Relations

The combination of Cornerstone’s diversity of options for financing solutions and Steve’s background in Pharmacy creates an unparalleled opportunity for today’s independent pharmacy to obtain financing that is timely and professional.

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Paul P. Ganaden Jr., Pharm.D
Senior VP of Corporate Pharmacy Relationships and Development

Paul’s background in Pharmacy, Clinical Practice, and Healthcare allows him to provide you with a unique understanding and partnership in the financing arena - bridging the gap between the Pharmacy/Medical Fields and Financing.

 

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Mike Hoffman
VP of Finance, Nuclear & Imaging Division

Experienced Sales and Marketing Professional with expertise in business development in the Cardiology and Imaging Medical Equipment industry. Twenty plus years of strong industry contacts and relationships, a bottom line manager.

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Ray Szafranski Jr.
VP of Pharmaceutical Industry Development

Whether your issues are cash flow, revenue recognition, depreciation, operating expenses, etc., Ray has first-hand knowledge of all of these topics so please allow Ray’s experience work for you to design the best leasing program for you.

MEDICAL EQUIPMENT FINANCING

Whether you're updating information systems or equipping a new exam room, our customized equipment financing program is designed to meet your specific needs so you can deliver a better patient experience and ensure your practice continues to thrive.

We make it easy for you to acquire the tools you need to deliver superior care to your patients without making a large capital investment. We finance all types of equipment including surgical, imaging, and diagnostic. Cornerstone also finances mobile medical vans.

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SURGERY CENTERS & HOSPITALS

Cornerstone can customize financing programs for your expansion and relocation needs. CORNERSTONE is uniquely positioned to provide an array of financing options to surgery centers and the unique challenges that they face. We offer both Capital Lease Finance Transactions, Tax Leases, Operating Leases as well as an outstanding Accounts Receivable Financing (NOT FACTORING) but a true asset based lending that will allow you to recognize your outstanding AR up to 150 days. This will allow you to collect on a daily basis up to 85% of your net collectables.

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PHARMACY & PHARMACY RELATIONS

As a company, CORNERSTONE’S first 20 transactions were Pharmacy and Pharmacy related transactions. We are proud to say that we have provided financing on over 900 institutional pharmacy transactions and in excess of 125 retail pharmacy transactions.

CORNERSTONE has worked as a vendor finance partner for companies such as MHA and are currently the exclusive indorsed finance partner of FPN which is comprised of over 15,000 retail pharmacies and pharmacists.

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HOSPITALS & CRITICAL ACCESS

In today’s healthcare market, CORNERSTONE is uniquely positioned to provide financing solutions to rural hospitals, critical access hospitals, hospitals (200 beds and under) as well as struggling hospitals with a tailored financing solutions to fit many if not all of their needs. So many times equipment purchases are delayed or postponed all together because there is a lack of funds in the capital equipment budget, that problem is compounded if the profit & loss statement as well as the balance sheet is showing losses

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VENDOR RELATION PROGRAMS

Cornerstone is extremely interested in developing a vendor relationship with your company. We feel that our vendor programs are some of the strongest in the industry. The information below will serve to give you a brief snap shot of what we have to offer your company.

  • Over a 95% approval ratio on all transactions submitted.

  • Over an 86% funding rate of approved transactions

  • 50% prefunding on most transactions – credit dependent

  • 50% payment on delivery & acceptance

 

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ACCOUNTS RECEIVABLE FINANCING

We maintain a relationship with 3 funding institutions that provides outstanding Accounts Receivable Financing. The rates are dependent upon the amount of accounts receivable to be considered, the length of the contract and the credit of the medical facility requesting funds. Some rates run as low as 5%. This is Asset Based Lending and is not factoring.

Our Accounts Receivable Financing allows you to fund your net collectables out 150 days on 3rd party medical billing. Unlike your local banking partner who in most cases will only go out 90 days. With the continual changes in our medical climate doesn’t it make sense to investigate the advantages that our program could offer you?

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INFORMATION TECHNOLOGY & SOFTWARE SOLUTIONS

We are an excellent option to provide financing on your Information Technology, Electronic Medical Records, Software and Hardware and Automation.

If you are a customer looking to finance your transaction we offer extremely competitive rates, terms and conditions. Most transactions are financed with no down payment which is 100% financing.

If you are a vendor looking to provide financing for your customer please look at our vendor page and see all of the excellent benefits we have to offer you

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SMALL BUSINESS AND ACQUISITION FINANACING

We are able to assist you in your acquisition of a new business by helping you evaluate, package, pull the necessary reports and by submitting your package to a lending institution either through an SBA Loan or a Conventional Loan.

Our rates are extremely competitive. Please allow us the opportunity to quote on your project.

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Other Areas Of Expertise

Our healthcare programs are available to all specialties including:

  • General Medicine
  • Dermatology
  • Dentistry
  • Chiropractic
  • Anesthesiology
  • Cardiology
  • Dentistry
  • Dermatology
  • ENT
  • Emergency Medicine
  • Endocrinology
  • Family Medicine
  • Gastroenterology
  • Hospital Administration
  • Internal Medicine
  • Neurology
  • Podiatry
  • Radiology
  • Veterinary Medicine
  • Nurse Practitioner
  • Nursing
  • Obstetrics & Gynecology
  • Oncology
  • Ophthalmology
  • Orthopedics
  • Pain Management
  • Pathology
  • Pediatrics
  • Pharmacy
  • Practice Management
  • Pulmonology
  • Radiology
  • Rheumatology
  • Surgery
  • Urgent Care
  • Urology
  • Obstetrics & Gynecology
  • Ophthalmology
  • OptometryPlastic Surgery