Factoring For Medicaid
We offer a Medicaid financing and receivables factoring product that can help solve the cash flow problems of healthcare providers who are billing Medicaid regularly. The funding option has a process that is different from factoring because the receivables are claims; in addition, Medicaid cannot send payments to third parties.
Our funding product may offer the right cash flow solution for healthcare businesses. It can further help the provider move forward without cash worries, as we can continue to fund ongoing billing.
- Medical Receivables Financing or Factoring
- Facilities from $100,000 up to $10 million (below $100,000 - click)
- Based on current accounts receivable
- Up to 85% advance rate
Our Healthcare Factoring solutions are available to companies in many sectors of the healthcare / medical industry including:
- Home Healthcare Agencies
- Medical Practices
- Physicians
- Physician Groups
- Mental Health
- Specialty Pharmacies
- Senior Living Facilities
- Hospitals
- DME/HME
- Medical Transport
- Imaging Centers
- Urgent Care Centers
- And others
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.
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
- Programs with FICO as low as 600+
- Simple - uncomplicated qualifying process
- Flexible terms. Financing can be structured to fit the business funding requirements
- Lockbox Account
We are part of a network of strategic Medicare lending partners specializing in funding solutions for healthcare providers nationwide. For more information, please contact us at any time.
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