by administrator | Oct 15, 2014 | Healthcare Factoring
Most business owners are familiar with the differences between loans and other lines of credit, but most are unaware of ‘factoring’. Factoring is a type of financing for different business industries that have cash flow problems because of slow payments. One specific...
by administrator | Sep 17, 2014 | Factoring, Healthcare Factoring, Medical Accounts Receivable Funding
The most common mistake a person makes when trying to determine the “cost” of factoring is equating the dollars spent on this finance option to an interest rate. If one looks at the definition of factoring (simplified for this example), it is the discounted sale of an...
by administrator | Aug 28, 2014 | Medical Accounts Receivable Funding
Q. What types of medical providers does Xynergy fund? A. We specialize in providing funding to growing healthcare providers. Types of medical practices and services that have benefited from medical accounts receivable funding include physician practices, compounding...
by administrator | Aug 17, 2014 | Factoring
Many times a factoring applicant informs us that “another factor has already quoted him a fee of 1%.” We will never address that in any way other than telling him that we don’t know what that means. One would think that since we are a factor, this is not a difficult...
by administrator | Aug 9, 2014 | Factoring, Healthcare news
The huge bureaucracy created in the late 1960’s which we now identify as Medicare has become an overpowering, under-performing, incompetent and non-responsive part of our daily lives. Its creation attempted to monitor, regulate and control a national health care...
Recent Comments