Invoice Factoring Information
Turn Your Receivables Into Cash
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 to obtain 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. Finding factoring information on the internet can be difficult and many sites can be misleading — but don’t worry!
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
PRN Funding is committed to making your medical invoice factoring process as simple and easy as possible. If you have questions, concerns or just want to talk through your options with a human, give us a call.
We work with a variety of medical-centric B2B companies including medical staffing firms, home care businesses, medical coding companies, private duty care sources and more. We also work with companies that work with large vendor management systems.
Want to Learn More?
Contact us today at 866.776.5407 or complete the form below.