Choosing to partner with a healthcare factoring company can be a difficult decision and you always want assurance when making a new business partner. That is why it is crucial that you research the business before selecting them as your medical accounts receivable financer.
When researching healthcare factoring companies, here are four important questions that you should ask:
- Do you need to provide collateral to borrow money?
- How long will it take for the healthcare factoring company to fund you?
- Does the factoring company specialize in healthcare?
- What is the fee for healthcare factoring?
At Xynergy Healthcare Capital, we offer custom factoring plans for healthcare professionals. We purchase your medical accounts receivables invoices so your balance sheet is not affected, and your business stays in the green. As a financing source, we increase your cash flow immediately, so that your healthcare business can grow. After a claim is submitted, Xynergy funds you within 24 to 48 hours.
Our nationwide financial company specializes in the healthcare industry. We offer healthcare financing options for substance abuse centers, imaging centers, walk-in clinics, and other medical outlets. Because Xynergy only offers factoring options for the medical industry, our factoring professionals know exactly how to help you.
All custom factoring plans cost a small percentage of your net revenue from the claim submitted. Our ‘sale-purchase’ factoring model does not include fluctuating interest rates or any collateral.
If you are in the medical industry and are looking to improve your fiscal condition, Xynergy Healthcare Capital can help. Xynergy can enhance your financial flexibility by increasing your working capital and creating a program to meet your company’s needs. Call Xynergy today to get started!
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