Curious about the Benefits of Nurse Staffing Factoring?
Does waiting months to be paid for your temporary nurse staffing services affect your ability to meet payroll and pay taxes on a timely basis? Does lack of cash flow prevent you from expanding your nurse staffing agency and hiring new temporary nurses?
If you answered YES to either of these questions, then PRN Funding’s nurse staffing factoring program is the solution to your temporary nurse staffing agency’s cash flow needs.
Get started now by completing our nurse staffing factoring application or read on to learn about specific ways that PRN Funding’s nurse staffing factoring services can help your agency continue to grow, without compromising your present obligations to payroll, taxes and vendor invoices.
PRN Funding has spent the better part of a decade in the healthcare services industry, so we understand the unique challenges faced by those who staff nurses in hospitals, medical clinics, nursing homes and long-term care facilities. We understand that well-managed, profitable small and mid-sized nurse staffing agencies often experience cash flow difficulties as they grow rapidly or as their clients continue to extend the payment of invoices.
A Better Way to Fund Business Growth
Get your free quote @ 866-886-9466!
PRN Funding’s Nurse Staffing Factoring Program Offers:
Immediate Access to Cash
Funds can be in your account within hours of verification.
Complete Nurse Staffing Factoring Flexibility
As a temporary nurse staffing agency, you have the freedom to factor when you want, how you want, whom you want and for however long you want.
Nurse Staffing Factoring Expertise
PRN Funding is familiar with common processes and terminology that are specific to the temporary nurse staffing industry.
The Factoring Process for Nursing Staffing Agencies
1. Staff nurses. The factoring company will check the credit of any new clients prior to funding receivables. If the client is already approved, the factor will simply verify the invoices.
2. Once verified, funding is available within 24-48 hours.
3. The nurse staffing firm’s clients pay the factoring company for the receivables purchased.
4. Once paid, the factoring company releases the amount held in reserve, minus any factoring fees.
Instant Payroll Funding Available for Multiple Nursing Industries
- General nurse staffing
- Homecare staffing
- Locum tenens
- Private duty