Medical Staffing Invoice Funding – Tips For Managing Customer Fears

Many medical staffing business owners worry that their customers (hospitals, nursing homes, medical clinics, etc.) will misinterpret their decision to factor as a signal of financial instability. In reality, deciding to get medical staffing invoice funding help is an encouraging indication that your medical staffing business is stable, rapidly growing, and in high demand. To help alleviate your concerns and to educate your customers about medical staffing invoice funding, consider the following: … [Read more...]

How Medical Supplies Companies Benefit From Factoring

Now more than ever, medical supplies companies are looking for alternative financing sources. Banks are not approving loans like they used to and recurring cash flow challenges for medical supplies companies are not going away. Medical supplies factoring has been evaluated in the past, but this alternative financing option is becoming a popular and convenient solution to cash flow problems. … [Read more...]

Factoring Medical Billing Companies – Frequently Asked Questions

A lot of questions can come up when a business owner starts researching medical billing funding solutions - the idea of selling their invoices to a factor or medical billing funding agency. This article addresses some of the more frequently asked questions … [Read more...]

Factoring Training: Social Media and Small Business

Whether you are in the factoring business or cater to another industry, without customers your chance of survival is basically nil. The cornerstone of any business consists of … [Read more...]

Healthcare Staffing Funding – Bank Loan or Accounts Receivable Factoring?

When prospective healthcare staffing businesses compare factoring fees to bank lending rates, factoring almost always seems more expensive. Oftentimes, factoring prospects annualize the percentage charged by factors, extrapolating three percent per month to an interest rate of 36 percent per year. In the world of healthcare staffing financing, this scenario is like comparing apples to oranges. … [Read more...]

Factoring – How Medical Billing Companies Can Avoid the Double Credit Crunch

In this economy, many service-oriented small businesses are struggling to obtain cash on two fronts - (1) Acquiring or extending a line of credit and (2) Getting their customers to pay in a timely manner. Outsourced medical billing providers are just one type of business that is being affected by the "double credit crunch." On the one hand, banks have … [Read more...]

Is Groupon Marketing, Factoring, or Loan Sharking?

How Groupon makes Factoring Invoices look downright cheap for small business financing. … [Read more...]

Factoring: Is It Always About the Account Debtor?

We all know that factoring has been around for ages and due to the recent changes in the economy its popularity has increased dramatically. With financial institutions constricting credit to businesses, the increased demand for cash flow has created an opportunity for the asset based lending industry especially for … [Read more...]

Credit Squeeze Keeps Factoring Companies Busy

A small business owner who is trying to grow his/her business during a booming economy will hit some speed bumps when applying for traditional financing if he/she cannot show an extensive profitable operating history. Throw in the current economic climate, and the chance of an entrepreneur obtaining a conventional bank loan is slim to none. When loans are no longer an option, business owners have to find … [Read more...]

3 Business Factoring Benefits To Grow Your Bottom Line

Although there are many benefits to business factoring over getting a line of credit, consider these… 3 Ways Invoice Financing Can Help Your Business Factoring Benefit #1 - Take On The Slow Payers What?!? Purposely take on accounts that have slow payers? That is right… … [Read more...]