Medical Transcription Factoring

Does your medical transcription service suffer from unpredictable cash flow?

Would you like to expand your medical transcription business but lack the necessary funds?

If you are like most small medical transcription businesses with cash flow problems, you may assume a small business loan or line of credit is your only option. However, bank loans present a number of “negatives” to small businesses– they can be difficult to qualify for, have set maximums, add to monthly business expenses, and can even require collateral.

Consider instead the advantages of medical transcription factoring through PRN Funding, LLC. Through the purchase of your accounts receivables, PRN Funding gives medical transcription businesses like yours immediate cash to pay salaries, reduce debt, improve vendor relations and focus on critical success factors--operations, sales and growth. Plus, PRN Funding focuses exclusively on factoring for the healthcare & medical transcription industries.

• Get advance cash on your accounts receivables invoices immediately, rather than waiting 60, 90, even 120 days to be paid


• Eliminate worries about missing payroll, rent payments, taxes, and other expenses


• Gain the freedom to expand your medical transcription business when you have the opportunity rather than when your clients pay


• Benefit from PRN Funding’s extensive knowledge of the medical transcription industry and medical transcription funding


• Take advantage of PRN Funding’s other medical transcription services if needed, including professional debt collections, accounts receivable management and credit management


• Leave the worry to our team of medical transcription funding experts to collect payments from hospitals, nursing homes, ambulatory services, physicians’ offices, etc. by your customers

 

Learn more about what PRN Funding can do for your medical transcription service or contact us to speak to one of our medical transcription financing experts. Toll free 866-776-5407.