Medical Receivables Factoring
From $100,000 to $3,000,000 (below $100,000 - click)
Medical Receivables Factoring Companies can offer peace of mind by helping to restore your positive cash flow. Is your medical practice or healthcare business experiencing cash flow problems due to unpaid invoices or claims?
Unlike banks and other traditional financial institutions, we can structure specialized flexible funding solutions utilizing your Medicaid and Medicare claims, private insurance, PPOs and HMOs, and other commercial receivables. These are financial tools that can turn Red into Black fairly quickly allowing the healthcare business to move forward without cash flow restraints.
Our healthcare and medical factoring solutions are available to companies in many sectors of the healthcare / medical industry including:
- Acute Care Facilities
- Auditory Centers
- Cancer Radiology Centers
- Cancer Treatment Facilities
- Hospitals
- Chiropractors
- Clinics
- Clinical tests laboratory
- Diagnostic Imaging Centers
- Diagnostics labs
- Dental practice / Dentists
- Doctors
- Drug Stores
- Imaging and diagnostic centers
- Laboratories
- Long-term care facilities
- Medical labs
- Medical practices
- Orthodontists
- Pharmacies
- Physical Rehabilitation Centers
- Rehab facilities
- Urgent care centers
- Veterinary practice / Veterinarians
- And others in the healthcare industry
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.
For a proposal, we ask for certain documents that include:
- Our application is signed by the owner(s)
- Current Accounts Receivable and Payables reports
- List of insurance companies, 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
We are part of a network of strategic partners specializing in funding solutions for medical professionals with financial services that are tailored specifically for the healthcare industry.
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