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HYCD Program Closing
I wanted to personally say thank you for your business and the trust you have put in us as a client of Loan Doctor Financial. It has been a pleasure to provide you an attractive investment product through our “Healthcare Finance (HCF ) HYCD” program (previously known as the “Healthcare Finance (HCF) Savings Note”). 

Since launching the HCF HYCD, the product has exceeded all expectations. Our business has done well this year, successfully navigating the Coronavirus pandemic and continuing to provide a high interest earning investment product to our clients, allowing them to earn income that was not affected by market volatility. 

However, changes to regulation of financial products and their interpretations by regulatory bodies has resulted in some limitations to our ability to execute our vision going forward in the current structure of the program. 

As a result, while Loan Doctor will continue to operate and provide financing solutions to healthcare professionals, the HCF HYCD program will close. 

As part of the transition, we will refund your investment in full, which includes your current account balance and all earned interest. 
What happens next?
There are several steps that will happen next as we make this transition

1) Any current deposits in “Pending” status will be cancelled

2) Any current withdrawals that are in “Pending” status will be accelerated and funds sent at the earliest possible date (generally within 2-4 business days)

3) You must receive a return of your funds from the HYCD program by check, ACH Transfer or wire at your earliest convenience. While we understand this may be inconvenient, it is a requirement of the transition. ACH Transfers are limited to $40,000 and take 3 business days. As a courtesy, we are also waiving your wire fee so that you may elect to withdraw with a wire transfer at no charge. Please note that your bank may charge you a fee to receive the wire ($10 to $20).

Please enter your withdrawal at your earliest conveniencefor the full balance of your account, so that funds can be sent to you as soon as practical (generally within 5 business days). All notice periods are waived so you do not have to wait until the maturity date to receive your funds. 

To ensure your account safety, you may make a withdrawal onlyto a bank account you have previously used. 

NOTE: If you do not initiate a withdrawal within the next 5 business days, an automatic withdrawal will be set up for you via Check to your address on file within the next 5 business days. If that address is not correct, please update it immediately. Any checks not deposited within 30 days may be voided and require additional steps and time to retrieve funds. 

4)  You will receive all interest earned that has not yet credited to your current balance up until the withdrawal date. This interest will be added to your withdrawal. 

5) Your online account will remain accessible until 9/1/2020, so that you can access your account history and statements. Pleasure ensure you've exported your transaction history and downloaded your statements, if needed. 

We understand that many of you have enjoyed the benefits of the program and are disappointed by this news. We are as well! 

We anticipate that in the future, investment products that may be an alternative to the HCF HYCD program may become available. If you would like to be notified, please click below. 
Notify Me
We thank you again for your business and wish you all the best, and look forward to working with you in the future.

If you have any questions, please let me know
Dr. Edgar Radjabli, DDS, CTA
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