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Free Funding Tips?

Tips On Medical Receivables PDF  | Print |  E-mail
Written by Ruth Antoine   
Sunday, 07 February 2010 01:43

Medical receivable factoring freedom to move

Medical receivable factoring is the selling of your receivables for cash now rather than waiting 30-90 days or more for insurance companies to pay you.

The main advantage is simple: Available cash on a regular basis.

Receivable factoring provides the freedom to:

  • Improve profitability
  • Maintain a good credit standing
  • Take advantage of discounts for purchases
  • Avoid interest and penalties
  • Fund expansion and growth plans
  • Spend more time specializing

Remember your potential increase in net profits that factoring can provide. A small fee is typically charged for these types on transactions based on the face value of the invoice.

The factor prefers a 30 day collection period.  Want to learn more!


Written on Sunday, 07 February 2010 01:43 by Ruth Antoine

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