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Medical Factoring : Toms River, NJ

Are you billing insurance providers, HMO's, Medicare or Medicaid? How would you like it if you didn't have to wait 60-90 days or more to have claims paid?

Managing cash flow can be one of the toughest challenges that healthcare providers in Toms River and New Jersey face, especially in today's environment. Payment terms offered by private insurers and by Medicare or Medicaid usually force providers to wait months before receiving payment. In the meantime, you still have to meet payroll, salaries and cover other expenses. Invoice Advance is the solution. Call us today to learn more, and see how we can put medical factoring to work for your Toms River business.

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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