Medical Staffing Factoring
Medical staffing factoring is the perfect solution for your business, particularly if you've exhausted your business loan options offered by your bank, or if you are having trouble meeting payroll or other expenses due to slow-paying clients. In the medical staffing business, it is sometimes necessary to wait as long as 90 days for payment from insurance companies, and this can create cash flow problems that can prevent you from taking on large scale projects, as well as hiring new staff members.
How can medical staffing factoring services from Business Factors help you? Our medical staffing invoice factoring and medical staffing accounting receivables factoring programs can provide you with the capital you need to hire new personnel, pay rent and other business overhead expenses, purchase new equipment and more.
Here is how the medical staffing factoring process works:
- You send your original invoices to Business Factors along with proof of performance
- Once invoices are verified, we send you an advance on a certain percentage of the invoice
- You receive instant capital for your business
- We receive direct payment from your clients
- We reimburse you for the full amount, minus a small service fee
Best of all, since we base our credit decisions on the credit worthiness of your clients, your personal credit is not a determining factor, even if you have had credit problems in the past, including bankruptcies. Contact us today to find out more about medical staffing invoice factoring and medical staffing accounting receivables factoring from Business Factors, and to obtain your free consultation and quote.
