Medical Factoring Services
Medical Invoices
Factoring medical invoices and receivables allows doctors, medical offices, and healthcare providers to obtain cash more quickly instead of waiting 30 to 60 days or longer for payments from insurance companies and government payors such as Medicaid and Medicare.
This immediate cash flow can help healthcare providers manage their operational costs more effectively and invest in necessary resources to improve patient care. Additionally, it reduces the financial strain associated with unpaid invoices, allowing them to focus on what matters most—patient health and well-being.
What We Offer
- Medical Invoice Factoring and Financing
- Facilities starting at $500,000 up to $15 million
- Advance rate of up to 85%
- If your request is under $500,000, click here
Straightforward Process
Typically, we begin with a phone call to understand your specific situation and funding requirements and to answer any questions you may have.
The list of documents required to prepare an invoice funding proposal includes:
- Our application is signed by the owner(s)
- Current Accounts Receivable and Payables reports
- List of insurance companies, government payors
- Most recent profit and loss statement and balance sheet
- Underwriting may require additional information
Processing time usually ranges from 2 to 4 weeks, though it may extend beyond this period depending on how quickly the necessary paperwork is received and underwritten.
Need Funds Now?
If your request is under $500,000 or if you are pressed for time and cannot wait for the underwriting process, we provide financing based on your monthly revenues, with approval and funding available in as little as 2 to 3 days. For more information, click here.