Factoring Healthcare Receivable

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Accounts receivable factoring for healthcare.  We offer a whole range of healthcare accounts receivable factoring solutions which includes factoring Medicare and Medicaid, Blue Cross and Blue Shield, PPOs and HMOs, Workers Compensation carriers and other commercial insurance invoices.

We first ask to set up a conference call to understand the client's current situation and funding requirements and to answer any questions the client may have.

The list of documents that are generally required to prepare a receivables factoring facility include:

Our application 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 any healthcare services provider with funding even those dealing with serious financial challenges or reorganizing in bankruptcy
Our services and solutions can easily be tailored to your specific needs
Flexible. Our funding is designed to grow with the practice and can evolve
We help bridge the financial gaps in operating business plans

SUBMISSION PACKAGE
Signed Application
Accounts Receivables Report
6 Months Bank Statements

UNDERWRITING DOCUMENTS
2 Years of Business Financials
Profit & Loss and Balance Sheet
2 Years of Business Tax Returns
Copy of Most Recent 941 Filing
Full Aged AR Reports with Detailed Payer Information by Insurance Provider
Accounts Payable Aging Summary
Owner(s) Personal Financial Statement
Proof of Ownership

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 anytime.

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