Have you ever had to turn down a contract with a large healthcare facility because you didn't have enough working capital to hire new healthcare personnel?
PRN Funding can help in this situation and many others. We are dedicated to providing funding for suppliers of services and products to healthcare institutions.
Taking advantage of our healthcare factoring services will help your business continue to grow, without compromising your present obligations to payroll, taxes and vendor invoices.
PRN Funding, a healthcare factoring company, provides financial resources for suppliers of services and products to healthcare institutions. We solve the cash flow problems created when your healthcare business has growth opportunities that exceed its ability to finance them with existing working capital and alternative capital sources.
Selling your accounts receivables to PRN Funding gives you the cash to meet payroll, take supplier discounts, purchase equipment or increase staff. All of this is accomplished without increasing debt obligations to your healthcare business.
Factoring is converting the accounts receivable of a business into cash by selling outstanding invoices to a 'factor' for a discount.
PRN Funding specializes in funding vendors who sell goods or provide services to healthcare and medical providers.
If you have a profitable healthcare business that is sometimes short of cash, contact us today.