Medical Laboratories

Factoring and financing for Medical Labs

Medical laboratory factoring and receivables financing


From 100,000 to $3,000,000 (below $100,000 - click)

Medical laboratories invoice factoring and accounts receivable financing tailored to help restore cash flow due to unpaid invoices. Our funding solutions can help cash flow while waiting for payment of those unpaid or overdue invoices, Medicaid and Medicare claims, private insurance, PPOs and HMOs and other commercial receivables.

SIMPLE PROCESS

Typically we begin with a phone call to understand your specific situation and funding requirements and to answer any questions you may have.

For a proposal, we ask for certain documents that include:

  • Our application signed by the owner(s)
  • Current Accounts Receivable and Payables reports
  • List of insurance company, government payors
  • Most recent profit and loss statement and balance sheet

ADVANTAGES

  • Clients will be dealing with a direct source of private and institutional funds
  • Competitive rates
  • Advances on receivables as high as 80% on eligible ARs
  • Simple - uncomplicated qualifying process
  • Flexible terms. Financing can be structured to fit the business funding requirements
  • Lockbox Account

ACCOMMODATING

  • We can even consider clients with certain financial challenges or reorganizing in bankruptcy
  • Services and solutions can easily be tailored to your specific needs
  • Funding is designed to be flexible and grow with the business
  • We can help bridge the financial gaps in operating business plans

We are part of a network of strategic partners specializing in flexible funding options for medical labs,  and unlike banks and other traditional funding sources, we offer specialized financial options utilizing your accounts receivables, including,  Medicaid and Medicare claims, private insurance, PPOs and HMOs and other commercial receivables.  Receivables factoring can help restore cash flow without creating debt.

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