A/R Factoring Services

PRN Funding specializes in funding vendors who sell goods or provide services to healthcare and medical staffing providers through A/R factoring. Rather than waiting 30, 60, 90 days or longer to receive payments from healthcare and medical staffing, factoring gives you cash when you need it.

Our A/R factoring services include:

Immediate Funding

1. We will purchase your invoices and provide cash within hours; once you provide us with invoices for work/goods that have been completed, accepted by, and verified with your customer.

Factoring Medical Staffing Receivables & Invoice Processing

1. We will post invoices, deposit checks, enter payments and produce regular reports.

Credit Management Services

1. We will help you make better credit decisions and eliminate bad debt by providing you with accurate and speedy credit information on your current and potential customers. Our 'non-recourse' factoring allows you to extend credit to your customers who meet our requirements absolutely risk-free; eliminating your risk of bad debt.

Professional Debt Collections

1. With years of experience in the health care staffing industry, we know how sensitive the unique relationship between health care providers and their vendors can be. We actively manage the debt collection process with sophisticated accounts receivable management technology. We absorb all costs related to personnel, telephone calls, faxes and postage. And we use the same courteous and professional techniques that you would use to expedite the collection of the receivable, while educating your customers about invoice factoring and how it helps you serve them better.

It's simple to apply and easy to qualify. Our short application allows us to make decisions in just a few days. And, unlike a bank, we don't need a long profit history, a strong credit background or your personal guarantee. We focus on the credit quality of your customers.

There are no minimum fees, and you can factor one invoice or as many as you like. You only pay a discount fee for the invoices that we buy from you. Plus, there's no long-term contract to sign, and you can terminate our relationship at any time.

NEXT: Learn more about PRN Funding's Accounts Receivable Factoring