As the healthcare industry continues to grow the cashflow for healthcare providers is unpredictable and can be inconsistent. The insurance carriers turn around can be over 90 days to issue payment, making it more difficult for the provider to manage their cash flow, operate their business efficiently, deal with growth and any unaccepted issues that […]
Medical factoring is a financial transaction in which a healthcare provider sells its medical insurance accounts receivables (insurance remittances) at a discount to a financing company. Medical invoice factoring is very straightforward. However, many factoring companies will try to confuse or mislead by offering you a low discount rate (factor fee) and adding additional fees into their […]
An asset based loan also known as an ABL for short is a great way to pledge your assets as collateral for a loan. The process is pretty simple an asset based lender will establish how much of a loan your business qualifies for by determining the total worth of all the businesses assets. The […]
