Medical factoring is one solution to accelerating your cash flow from insurance companies and Medicaid. Medical receivables factoring gives you the ability to receive cash in as little as 24 hours and still meet your financial obligations. Medical receivables financing offers your business the ability to streamline your cash flow by collecting on your receivables in days, not months.
Unlike banking institutions, medical claim factoring grows with your business. The more receivables you generate the more immediate income you can receive for recurring expenses such as rent, payroll, supplies and equipment.
At FactoringFast.com we fund our clients in a fast and easy manner. Just give us a call and we can help you get the working capital needed to keep your office going. We offer many solutions and our Medical Financing Consultants can discuss with you the best options for your business. Our unique program allows us to integrate our system to yours and gather all your billing information, while still allowing your office to continue to complete all billing functions.
Medical receivables financing is the solution for medical centers, laboratories, diagnostic centers, private practice offices, small to mid sized hospitals and ambulance companies who need to increase their cash flow without incurring additional debt. We can also provide medical receivables financing for pharmacies by funding third party insurance claims.
Medical practices in the first five years normally receive the most benefit from using our program that speeds up cash flow. Often early stage practices do not have the financial history that traditional banks want to see so they do not qualify for many of the local bank programs. Many successful healthcare companies have found that using medical financing allowed them to grow and expand operations quickly.