Factoring Medical Invoices and Receivables
Factoring medical invoices and receivables allow doctors, medical offices, healthcare and nursing staffing agencies and other healthcare providers to access their cash without having to wait 30-60 days or longer for the insurance companies, Medicaid or Medicare to pay.
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 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 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
For more information, please contact us at anytime.
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