iVolution Medical Systems to launch a loan program that offers physicians easy access to working capital

Universal Capital Management, Inc. (OTCBB: UCMT), a Wilmington, Delaware business development company that provides management and strategic growth resources to emerging growth companies, is pleased to announce that one of its holdings, iVolution Medical Systems, Inc., is preparing to launch a loan program that offers physicians easy access to working capital.

iVolution's loan program lets physicians borrow against their accounts receivable to obtain a working capital line of credit. Practice owners face significant cash flow challenges in this unstable economy. The program will offer them a low risk way to help them better navigate cash flow in order to grow their practices and acquire much needed medical equipment.

iVolution's medical billing service acts as a conduit to help fund practices and streamline the underwriting process. Eligible candidates will leverage iVolution's medical billing expertise with improved collections.

"iVolution's loan program will not only enhance the physician's revenue cycle, but it will also offer peace of mind," says Vince Pipia, Co-Chairman and CFO of iVolution. "It completes our mission of becoming a full service provider for medical billing, collections, electronic medical records, and practice management."

"There is a pent up demand for physician financing in today's market," says Robert Oberosler, President, of Universal Capital Management, "iVolution's program meets that demand while offering maximum efficiency with its full suite of superior, user-friendly, comprehensive services."

Source:

Universal Capital Management

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