Bankers Healthcare Group, Inc. Exceeds $200 Million in 2011

SYRACUSE, N.Y., March 28, 2012 /PRNewswire/ -- Bankers Healthcare Group, Inc. celebrates a winning year in 2011 as they expand their menu of financing solutions to healthcare providers nationwide.

Bankers Healthcare Group, Inc. (BHG) has spent more than two decades helping healthcare providers with fast and reliable financing of working capital.  In 2011, the owners of BHG expanded their offerings with the launch of Fund-Ex LLC and Business Healthcare Group LLC.  These sister companies have enabled BHG to offer a wider array of valuable financing options to healthcare providers and, as a result, BHG is celebrating an impressive benchmark of achievement.  Last year, BHG hit $203 million in completed transactions, the most per annum in BHG's history. 

Albert Crawford, Chairman and CEO of Bankers Healthcare Group, stated, "We take pride in offering high quality financial solutions to our nation's healthcare providers. The addition of Fund-Ex and Business Healthcare Group to our list of offerings is a way for us to better serve the diverse needs of our clients.  Our success at achieving the $200 million benchmark is a reflection of our commitment to providing a complete menu of useful financial products to physicians, dentists, and veterinarians."

BHG's sister company, Fund-Ex LLC, completed its first full year in business in 2011 as a facilitator of SBA 7a loans for healthcare providers.  The Fund-Ex solution is critical to those who want to launch their own practice, consolidate high-interest debt, purchase new equipment or achieve any number of small business goals.  In fact, the average Fund-Ex customer saved over $6,000 per month.  With over $20 million in funded SBA loans in their first year, Fund-Ex is successfully helping BHG better serve the unique financing needs of healthcare providers. 

Business Healthcare Group, LLC was also launched in 2011 in response to the need for financial flexibility expressed by BHG clients.  Business Healthcare Group has partnered with a community bank to offer a credit card tailored to the financing needs of healthcare providers. 

With another year of steady and healthy growth under its belt, BHG is well poised to continue growing in 2012. 

About Bankers Healthcare Group, Inc.

Since its incorporation in 1992, Bankers Healthcare Group, Inc. has been providing working capital for healthcare professionals of all specialties throughout the United States.  To date, BHG has assisted over 50,000 healthcare providers with their financing needs.  Bankers' growth and success is due to their business model, built and designed to support the needs of their customers.   Bankers Healthcare Group was ranked as the fifth Fastest Growing Private Company by Inc. Magazine in 2005 and was again recognized in 2007, 2008, 2009, 2010 and in 2011.

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SOURCE Bankers Healthcare Group, Inc.