Medical Staffing Factoring Services
- Financing Rates at 0.69% - 1.59%
- No Financials - No monthly minimums - No invoice minimums
- No facility fees - No audits - No up-front fees - No hidden fees
- Set up account in 3 to 5 working days - 24 hr funding thereafter
- Credit Lines starting at $5,000 & up to 10 million
- Customer referrals upon your request
- We Make Same Day Decisions
Call Now 1 800 876 6071
Providing Factoring and Receivable Financing to Medical Staffing Agencies Nationwide
Is your business growing faster than your operating capital? Credit Lines and Cash Flow for your business are not easy to obtain nowadays. We understand that every business, even yours, needs a steady flow of cash to grow and accommodate larger customers. That's what we do. We supply medical staffing agencies account receivable based funding.
We can evaluate your business and make an approval the same day. The approval process is simple and we can move as fast as you can. Call us today and get initial funding in 3 to 5 working days. No financials needed, No up-front fees to set up, it is that easy.
Nurse Registry (Medical) Temp Staffing Receivables Factoring:
We currently can establish factoring for temporary employment staffing agencies for as little as $5,000 to 10 million a month volume. Temp-Staffing businesses generate commercial receivables and fall under our commercial receivables program so long as the receivables are not owed by Medicare, Medicaid or individuals. New business start ups are welcomed.
Our clients like our flexible Medical Staffing Finance program:
- Financing Medical Staffing firm Invoices for as little as $5,000 a month and up to 10 million
- Credit line based on percentage of eligible accounts receivable.
- Easy to understand financing fees. Invoices funded within 24hrs.
- Eliminate the need for bank loans or SBA loans.
- Funding can take place in 3 to 5 working days.
- Start up locums companies welcomed. - No monthly volume requirements.
Why do Staffing firms benefit by financing account receivables with us?
- The use of back-office support for collections and mailing out your invoices sometimes offset the financing fees or decrease internal overhead related cost.
- Free credit analysis and collection assistance to prevent bad debt.
- Free Reports and statements of your account status via internet.
Call Now 1 800 876 6071
What is needed to finance an Medical Staffing agency?
- You send the original invoices with proof of performance (time sheets). The service must be performed before funding.
- The invoice is verified and then the advance is funded, typically 85% to 90% of the invoice depending on the credit worthiness of your customers. Funds will be advanced within 24hrs. following verification of the invoices. This is usually completed the same day that they are received. The balance of the advance is called the "Reserve". The reserve is held back until the customer pays the invoice in full.
- Payment of the invoices are made directly to us from your customers. Once received, the reserve is paid to you minus the discount fee.
- At your option, the funds are sent via wire transfer, ACH or check. 5. Credit approval for new accounts is easy. All is needed is the name and address of the customer. 6. Due diligence of liens and pending lawsuits of your company will be performed prior to funding.
- (a) fast growing locum tenen companies whose past earnings and sales histories will not justify the increased borrowing necessary to acquire needed operating capital.
- (b) start-up operations with no financing base to rely upon.
- (c) companies with seasonal or uneven sales patterns.
- (d) Principles with bad credit and cannot obtain traditional financing.
- (e) Travel nurses that work out of a home office.
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We've got you covered
We offer lending services in the United States, Canada and the UK
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Call Now1 800 876 6071Click Here for a Quote Rates At 0.69% - 1.59%
Most Popular Links:
- Accounts Receivable Loans
- Accounts Receivable Funding
- Invoice Factoring
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- Cash Flow Lender
- Purchase Order Financing
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- Payroll Funding
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