Factoring By Medical Lenders
Medical lenders offer a whole range of funding solutions to members of the medical and healthcare industries. Funding options include factoring of commercial receivables, healthcare Medicare and Medicaid invoice factoring, and accounts receivable financing - lines of credit.
SIMPLE PROCESS
Typically we begin with a phone call to understand your specific situation and funding requirements and to answer any questions you may have.
The list of documents required to prepare a receivables funding contract includes:
Our application is signed by the owner(s)
Current Accounts Receivable and Payables reports
List of insurance company, government payors
Most recent profit and loss statement and balance sheet
ADVANTAGES
Clients will be dealing with a direct source of private and institutional funds
Competitive rates
Advances on receivables as high as 80% on eligible ARs
Simple - uncomplicated qualifying process
Flexible terms. Financing can be structured to fit the business funding requirements
Lockbox Account
ACCOMMODATING
We can assist even certain nursing homes with financial problems or bankruptcy reorganization
Services and solutions can easily be tailored to your specific needs
Funding is designed to be flexible and grow with the business
We can help bridge the financial gaps in operating business plans
We are part of a network of strategic partners specializing in funding solutions for healthcare providers nationwide from factoring Medicaid and Medicare receivables to asset-based lines of credit and term loans, our financial options are tailored specifically for the healthcare industry.
For more information, please contact us at any time.
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