Facing the "DIR Fee Apocalypse" in 2024? Pharmacy owners need a reliable cash flow strategy to weather this financial storm. As the retroactive DIR fees shift to point-of-sale, businesses will feel an immediate hit to their cash flow. Enter Capital Solutions Bancorp, offering a safety net for pharmacies navigating these turbulent times. Partnering with experts like Dr. Lisa Faast, who understands the unique challenges of running a pharmacy, Capital Solutions Bancorp delivers customized working capital solutions that ensure pharmacies can maintain operations smoothly.
With options like receivables financing and asset-based loans, Capital Solutions Bancorp provides immediate access to capital, enabling pharmacies to cover expenses, payroll, and new opportunities, even as fees tighten margins. This proactive approach is designed to help pharmacy owners avoid cash flow disruptions while managing both 2023 retroactive and 2024 fees.
Dr. Lisa Faast's insights combined with flexible financial support from Capital Solutions Bancorp offer pharmacies a lifeline in navigating the DIR fee changes, so they can thrive, not just survive. Don’t let DIR fees drain your pharmacy's finances—secure your safety net today.
Lisa Faast and Carlos Weil talk about how to manage cash flow during the DIR fee changes. Lisa explains that cash flow is the money you have after paying expenses, which is different from profit. Carlos describes how Capital Solutions Bancorp helps businesses with working capital lines, giving advances of 80-85% based on receivables. He also shares tips on reducing inventory and speeding up receivables turnover.
They discuss a fixed 2% fee for using their services, which only applies when you take out funds. Lisa encourages pharmacy owners to prepare for the DIR fee changes and consider the support from Capital Solutions Bancorp.
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