How medical factoring works:

Unlike typical factoring for businesses, medical factoring for the health care market offers more options for receivables that pass their 30-day and 60-day terms. Medical factoring allows health care companies and businesses to accelerate outstanding payments, improving short-term cash flow. While there is a fee involved with medical factoring, there are several advantages of using this type of service when funds are low.

Key benefits of medical factoring include:

• Quick receipt of funds. Instead of waiting up to 90 days to receive payment from an insurance company, a business can obtain funds within 24-48 hours from our medical factoring program.
• Financing based on net collectibles. Money received is based on the amount an insurance company would be paying for the claims, not the gross amount.
• Low rates. The fees involved with medical factoring vary by our company, but we offer discounts on large volumes.
• Simple financing process. Our medical factoring company works by requesting a copy of all billings and then sending an advance for a certain percentage. The remainder of the funds is put into "reserve" until the invoices are paid by the original client. After the percentage fee is calculated, the remainder is sent back to the medical office or put directly into a rebate account.

Who benefits from medical factoring?

Whether the company needs to make a lease payment or manage payroll, the extra cash from medical factoring can help prevent cash flow problems and allow business operations to run smoothly.

Nearly all types of businesses in the health care industry can benefit from medical factoring because it serves as a powerful financial resource when money is in short supply. Businesses that most benefit from medical receivables adjustments include:

• Medical testing centers
• Growing medical practices
• Medical supply companies
• Medical professionals working with HMO and Medicare plans on a regular basis
• Other types of health care businesses that work with insurance companies

We Provide Medical Factoring for Small Medical Offices.

As commercial lines of credit and business loans get harder and harder to qualify for, many medium and small medical practices and healthcare businesses are turning to medical factoring to help alleviate their slow cash flow.

Although many medical practices can still qualify for a business loan or line of credit, many are finding that traditional banking products don't always solve their cash flow concerns in the long term. Why? Well, traditional business loans have to be paid within a few years and lines of credit have fixed maximum limits. Basically, neither product is very flexible and both are hard to get, unless you run a medium sized medical practice.

Medical factoring presents an interesting financing alternative. It provides you with financing that is tied to your insurance claims. If you file more claims this month than last month, your financing goes up accordingly. It provides you with predictable cash flow, ensuring that you are able to meet your office expenses. You'll have predictable money to pay rent, meet payroll and invest in growth.

           Our Company also provides other Factoring Services for other Industries & businesses eligible

for receivable Factoring too:

Corporate Lending & Corporate Leasing Services Lorena Harvey /CEO Corporate Direct # 248-391-1159, John Baran/Creative Leasing Mgr # 248-561-8905. Located At PTK International Airport/Toll Free # 866-408-9631. Specializing in Project Funding, Equipment Leasing & Factoring!

                   www.corporate-lendingservices.com Or Email ceo@corporate-leasingservices.com