Working Capital to Keep My Business Operating

When a Rite Aid or national chain store closes and a pharmacy adds new patients, it faces a delay in reimbursement (often 45–60 days).

Pharmacies can address the resulting cash flow gap with several working capital solutions:

  • Provides flexible, revolving access to funds. You can draw what you need to buy inventory and only pay interest on what you use. This is ideal for covering drug purchases while waiting for insurance reimbursements.

  • Short-term loans or advances designed to cover everyday expenses like inventory and payroll. These can fund quickly—sometimes within 24 hours—and offer fixed payments.

  • Lets you borrow against the value of your inventory, with lenders often advancing up to 80% of inventory value. This is specifically designed to help buy drugs and replenish stock.

  • SBA-backed loans can be used for working capital, including inventory purchases. SBA Express loans offer faster approval and funding (Closing within two weeks for loans up to $500,000) than traditional SBA 7(a) loans, which can require 60-90 days to close, but can go up to $5 million.

Next Steps

  1. Gather recent financial statements and bank records.

  2. Apply Here with Healthgrowth Capital, a leader specializing in pharmacy funding.

  3. Work with a HealthGrowth lending specialist to choose the product that best matches your needs and timeline.

These funding options help pharmacies bridge the gap between purchasing inventory and receiving reimbursement, ensuring they can continue to serve new patients without cash flow interruptions.