by administrator | Nov 4, 2014 | Healthcare Factoring, Medical Accounts Receivable Funding
For those of you who may be unfamiliar with the term ‘medical factoring’ it is a form of accounts receivable financing for healthcare providers. For healthcare providers, medical factoring is one of the three most common forms of funding for their organization. As a...
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...
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