The Pros And Cons Of Money Factoring
Money factoring allows your medical practice to maintain a steady cash flow regardless of when your patients are able to pay their bills. Companies called factors will give you up to 90% of the total of an unpaid invoice. Once your customer pays their bill, you’ll be reimbursed the additional 10% minus the factoring company’s […]
What is Money Factoring?
How can your medical practice stay afloat when it takes 30, 60, even 120 days for your customers to pay? The truth is that until you’re running an established practice, it’s very difficult to maintain a positive cash flow. One way around this problem is a process called money factoring. Money factoring allows you
How To Find Money Factoring Resources
Money factoring is a short-term solution to help you maintain a steady cash flow in your medical practice. While factoring is not a traditional loan, it’s still important to shop around and a find a factor that isright for you. There are 3 effective ways to find a money factoring company: First, check trade publications […]
What Is Money Factoring?
How can your medical practice stay afloat when it takes 30, 60, even 120 days for your customers to pay? The truth is that until you’re running an established practice, it’s very difficult to maintain a positive cash flow. One way around this problem is a process called money factoring. Money factoring allows you to […]