You don't need to wait for Insurance companies
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A medical provider’s biggest asset is its accounts receivable (“A/R”)– the payment it expects to get from Medicaid/Medicare, HMOs, private insurances, personal injury lien settlements, or worker’s compensation insurances.Unfortunately, due to the current inefficiencies and bureaucratic nightmares in our healthcare system a medical provider has to wait 15-150 days, or more, to monetize this asset.
Medical factoring is a type of invoice factoring where a financial institution (“Factor”) provides a medical provider with an advance payment based on the provider’s outstanding accounts receivable (“Invoice”).
Easy Applications
No-hassle documentation.
Fast Approvals
Approvals in matter of days.
Fast Turn-around
We are able to underwrite and fund your requests in matter of days.
Flexibility
We have solutions for new and established business in any field.
Great Value
We help eliminate negative cash flow so you can focus on growth.
"The Invoice factoring facility from Ready Commercial Capital helped us improve our financial balances and get to positive cash flow. This is an important program for us to keep our existing employees paid and focused and working hard."
Jorge Fanela
Pharmacy Owner
What is the process?
COMPLETE APPLICATION
Connect with us today to get your application started
DUE DILIGENCE
Approvals Committee will review documentation and invoices.
GET FUNDS
Funds are transferred to your account within days of aproval.
Leveraging our invoice factoring facility is a great way to access the capital that you need without having to wait for your clients to pay.