Medical Factoring : Rio Rancho, NM
How would you like limitless and continuous working capital for your Rio Rancho Company? How would you like to eliminate the long waiting periods (60 to 120+ days) for payment? There is a simple solution, and it's called medical factoring.
Medical factoring is a fast, easy and debt-free solution which unleashes untapped capital through the sale of your medical receivables. It eliminates the gap between service performance and 3rd party reimbursement. Speed up your payment; get paid in a day instead of a few months.
If your New Mexico business receives reimbursement from third-party payers, such as Medicare/Medicaid or insurance companies, then you are likely eligible for medical factoring. Call Invoice Advance today to find out more.
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.