Taking Out Advances To Pay Back Advances Is A Bad Idea 🤕

We opened up a Home Health Agency in 2021, and bills piled up very fast. Let me just say, starting a Home Health Agency Business is not cheap.

Nurses want to be paid weekly, and resources needed to be paid for up front. Since we were new, financing was scarce and our initial investment funds were used up much too soon. Merchant Cash Advances were very attractive since we were able to take out large sums of money quickly.

As we scaled up, so did our expenses. I would pay off the Advances, only to take out more a few weeks later. Soon I would take out Advances to pay advances, compounding the interest we were paying. It was painful to waste cash like this.

A friend's friend recommended Eastern Financial Partners, so we gave them a call & it felt like they waved a magic wand over our circumstance. They saved us over $71,000 in interest, giving us more money back in our pocket. It felt unreal. We are so grateful to have found Eastern Financial Partners, and we cannot recommend them enough. If you're on the fence about building a relationship with them, just do it! You'll be so glad you did.

- Mia, Home Health*