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When Businesses Need Money They Come to Us

  • Selling Medical Receivables is a Strategic Cash Flow Control System for Your Practice or Supply Company
  • Our Industry Experienced Funding Sources can Handle Accounts from Small Group Practices or Small Hospitals

 

  • How You Benefit from Selling Insurance Billings (Medical factoring):   
  • Possibly the most cost effective way to finance your practice or Supply company 
  • You do not incur debt from loans!
  • Cash comes in when you submit collectible claims to insurance companies, almost as if you worked COD.
  • Controls cash flow, eliminating erratic third party payment delays
  • Relies on the strength of your practice's commercial payors
  • Accesible even to moderately sized practices.
  • Gets fast results.
  • Factoring is NOT a loan.
  • Factoring is flexible - you decide which insurance claims to sell, and when.
  •  
  • In many situations, factoring is more appropriate than bank financing, because factoring:

  • Is based on the accounts receivable. A practice's ability to access its cash by factoring is based on the collectible value of billings.

  • Factors typically take over collections for the sold billings, freeing your staff to work with patients, not paper!

  • New Billings Represent Quick Access to Cash.  A Growing Practice has Payments tied to Service without months of delay

  • Unlike a bank, there is no ceiling beyond which the factor must stop providing cash. The more collectible claims a your practice makes, the more cash it can draw. The factor does not concentrate on the business debt/equity ratio to provide funds, as banks do.

  • Offers a dependable, continuing source of cash without the necessity of making separate loan applications.

  • Keeps your practice YOURS.  The factor only liens future insurance payments, not your office equipment or personal assets!

  • Saves the practice owner precious time.  The doctor has more time to do what he or she does best, provide medical care.  

  • Call now, 1-216-382-6444 to set up a free, no-obligation consultation, or use the Contact Forms link below.         

                     
                   Click here for Contact Forms 

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