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COVID-19 – First Monthly Loan Payment Options
Whereas first monthly loan payments are generally due in the month following the month in which loans are booked:
To alleviate cash constraints during these trying times, CapexMD is providing Prelude Patients with the following loan payment options.
1) For all loans funded during the remainder of March and April 2020, Borrowers can request that their first monthly loan payment be in either June or July 2020
2) For all loans funded during the month of May 2020, Borrowers can request that their first monthly loan payment be in either July or August 2020..
All that is required is that you request your desired option at the time your loan is booked.
Note: Patients can choose to schedule their monthly ACH payments to be on the 5th, 10th, 15th, 20th or 25th of each month.
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