Factoring Information

Instead of waiting 30, 60 or 90 days for payment from hospitals, physicians' offices, nursing homes and other healthcare institutions, businesses can sell their accounts receivable and receive funding within 24 hours. The sale of receivables, known as 'invoice factoring', provides an effective source of cash for growth, or other activities, when current working capital and alternative capital sources are inadequate.

The links below provide factoring information that can explain how factoring can benefit your medical or healthcare company. If you already know you need PRN Funding's invoice factoring services, contact us today.

• What is Factoring?
• Factoring Process
  
• Benefits of Healthcare Factoring
• Factoring Impact on Bottom Line
• Is Healthcare Factoring for You?
• Customer Reaction to Factoring
• Factoring Terminology