Factoring for Medical Supply Companies
Do you deliver medical supplies to doctors’ offices, hospitals, nursing homes or other healthcare providers? Are you having a hard time filling large medical supply orders because of poor cash flow? Would you be able to stock more medical supplies and/or increase staff for your medical supply company if you had more working capital?
If you answered YES to any of the above questions, then PRN Funding’s medical supplies invoice funding program is just what you need!
Through a process known as invoice factoring, PRN Funding will purchase your medical supply invoices and advance cash on them immediately. Factoring the invoices for your medical supply company can help your business continue to grow, without compromising your present obligations to payroll and other vendor invoices, and more importantly, it won’t muddy up your balance sheet.
When a medical supplies company sells its invoices to PRN, the medical supply company receives the following:
- Instant cash for medical supplies: Money can be in your account within hours of verification
- Extreme level of flexibility: As a medical supply business, you have the freedom to factor when you want, how you want, whom you want and for however long you want.
- Industry expertise in medical supply factoring: PRN Funding has spent the better part of a decade in the health care services industry, so we are acutely aware of the unique challenges faced by those who sell goods to doctors’ offices, hospitals and various other healthcare facilities.