CASHMIGO BUSINESS FUNDING
Pharmacy Funding for Inventory, Cash Flow and Growth.
Explore independent pharmacy funding for prescription inventory, reimbursement timing, technology, equipment, working capital and acquisition through CashMigo.
Common funding uses for independent pharmacies
- Prescription and front-end inventory
- Reimbursement and claims-timing working capital
- Dispensing, point-of-sale and security technology
- A qualifying pharmacy acquisition, renovation or expansion
Potential funding paths
Information to prepare
- Recent business bank statements and pharmacy financial statements
- Prescription and front-end sales, reimbursement, reversal and collection summaries
- Inventory reports, wholesaler terms and equipment or technology quotes
Common questions
What pharmacy expenses may business funding support?
Depending on the program and final agreement, potential uses may include eligible inventory, payroll, technology, security, equipment, renovation, working capital, acquisition or expansion.
Can funding help purchase prescription inventory?
Potentially. Providers may review inventory records, wholesaler terms, turnover, expiration and return practices, reimbursement timing, margins, cash flow and current obligations.
Can reimbursement timing affect the funding review?
Yes. Providers may review claims submitted, paid, reversed or rejected, payer and PBM concentration, reimbursement timing, adjustments and the difference between billed sales and cash actually collected.
