Sustained Cash Flow
Cash Flow Solutions For Healthcare Providers and Medical PracticesSustained Cash Flow (Healthcare)
At any time, your medical practice or healthcare company will have thousands of dollars tied-up in unpaid invoices, which can have a negative affect on your cash flow and the overall operation of your healthcare business.
Ideally, healthcare providers who need funding can go to their local bank for a loan, however, the problem is collateral, most banks may not be too keen to Medicare, Medicare and other medical receivables including insurance, there's also the issue with credit limits, a bank loan cannot sustain the ongoing billing and new invoices being generated by the medical office or healthcare provider.
However, we have a factoring product specifically for healthcare providers that can create a constant flow of capital based on medical receivables.
THE PROCESS IS SIMPLE
We first setup a phone call with
you to understand your specific situation and funding needs
and to answer any questions you may have.
The required items to prepare a receivables funding contract are straightforward and includes:
Our application signed by the owner(s)
Business formation documents (Corp. LLC etc)
Current Accounts Receivable and Payables reports
List of customers you would like to factor
For more information, please contact us at anytime.