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 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, 1-866-750-1547 to set up a free, no-obligation consultation, or use the Contact Us link below.