Once again, what is MEPA?
MEPA stands for Medical Electronic Payment Advance. MEPA is a financing product available only to the medical/healthcare/chiropractic industry. MEPA was developed to meet the current financial needs of professionals in these related fields that traditional lending sources have neglected and/or have not adapted to. With MEPA, health professionals are able to leverage all of their electronic receivables to obtain financing. They are thus freeing themselves from the rigors of collateralizing specific invoices, which are also usually backed by personal, joint or severable guarantees.
