Are you getting frustrated over delayed payments from customers? Factoring services can help by purchasing your invoices in exchange for a small fee. Still, your choice of factoring company will affect how efficient and profitable this financial solution will be for your business. Overall, it’s important that you partner with a factor or factoring company that meets your financial needs. Take…
With over $500 billion in projects each year, being a government contractor is surely a lucrative business. However, payments for these contracts could take 30 to 90 days on average. But what if your business can’t wait that long for funds to arrive? Luckily, you have government contract factoring as an option. But what is it and does it work for…
Are delayed payments starting to affect the quality of your care? This is a common dilemma among healthcare practices. For this industry, it’s common for claims to take 30 – or even 90 – days to get paid. But with healthcare factoring, practices like yours can receive the funds tied to your claims in just 24 hours – without securing a…
A Federally Qualified Health Center (FQHC) is a medical facility that qualifies for Medicare and Medicaid reimbursements. Health Center Program award recipients, look-alikes, and outpatient clinics associated with tribal organizations are all covered by the general term “FQHC.”…
If you work in the healthcare industry or run a business that provides medical services and supplies, you’re probably familiar with the intricacies of different companies’ billing requirements. Add government regulations and insurance providers’ receivables standards, and you have a recipe for invoice payment delays. According to multiple surveys, it takes around 60 to 90 days for a claim to get paid…
Staffing factoring is a viable financial solution for agencies. The strategy offers an efficient way to manage operational needs without breaking the bank.
Discover how this financial tactic can help you reduce costs and improve cash flow. This guide will provide all the information needed to make an informed decision about whether it’s right for your business….
Greetings! Are you a small business owner facing the frustrating issue of unpaid invoices?Rest assured, you are not alone in this situation. Dealing with outstanding invoices can be a bit tricky, but don’t let it stress you out. In this article, we’ll walk you through everything you need to know about handling unpaid invoices . What is an Outstanding Invoice? An…
