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How Factoring Works

Medical Factoring : Gulfport, MS

Is waiting 60, 90, or even 120 days for payment from 3rd party insurers causing problems for your Gulfport business? Have you been told factoring is too expensive? If the answer is yes, then you need to check out the Invoice Advance program. It's smart, simple and competitive and gives your Mississippi Company the cash it needs now.

  • Medical Factoring is debt-free — no impact on your balance sheet and no monthly payments.
  • Improves cash flow, providing a sound, predictable and proven source of funds.
  • Expand your business knowing you'll always have the working capital you need.
  • No restrictions on use of funds, and funding grow as your company does.
How Factoring Works:
The Factoring Cycle:

You sell a product, and or a service to your client.

That's all she wrote; repeat "The Factoring Cycle" as often as needed.

You invoice your client, and submit a copy of the invoice(s) to Factor.

Once paid, the Factor pays you the remaining 10-30% (less service fees).

Factor then verifies the authenticity of the invoice(s) submitted.

Factor will now wait on payment of invoice(s) from your client.

Once verified, Factor will fund 70 – 90% of invoice(s) face value.

The Factoring Cycle:

You sell a product, and or a service to your client.

Step 2:

You invoice your client, and submit a copy of the invoice(s) to Factor.

Step 3:

Factor then verifies the authenticity of the invoice(s) submitted.

Step 4:

Once verified, Factor will fund 70 – 90% of invoice(s) face value.

Step 5:

Factor will now wait on payment of invoice(s) from your client.

Step 6:

Once paid, the Factor pays you the remaining 10-30% (less service fees).

Step 7:

That's all she wrote; repeat "The Factoring Cycle" as often as needed.

Invoice Factoring Calculator
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