Medical Factoring : Saint Louis, MO
Waiting...and waiting?
Is your Saint Louis business constantly waiting months for payment on goods or services already rendered? Do you deal with 3rd party insurers such as Medicare/Medicaid and other HMO's? Would you be able to take on additional business if you didn't have to wait on payment?
We think the answer is yes, and we are here to help your Saint Louis business in tapping the working capital locked in your receivables. Invoice Advance is our name and facilitating medical factoring arrangements is our fame. Sell your invoices; get cash; repeat as often as needed. Call us today to learn how medical factoring can go to work for your Missouri Company.
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.