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Medical
Factoring / Account Receivable Financing
In addition to traditional types of financing, Coffman Capital, Inc. also gives Healthcare providers the option of financing or selling (known as factoring) their accounts receivable, or as yet un-reimbursed billings. By selling your receivables, you no longer have to wait 60 days or more for insurance, managed care and Medicare reimbursement but can enjoy the cash flow almost immediately upon billing a corporate client or third-party payer.
This financing can come in different forms including a Line of Credit drawn on the existing, regularly monitored base of accounts; or via Factoring, the outright sale of the accounts, whereby you no longer have title to the accounts, which are then collected by Coffman Capital.
In either case, Healthcare Accounts Receivable Financing and Factoring allow healthcare providers to effectively harness their single largest asset, their accounts receivable, and put it to work for them in the shortest period of time.
When would you need to utilize this type of financing? When insurers, managed care and/or Medicare accounts are not being paid as quickly as needed to satisfy your short-term overhead needs, to pay salaries, finance expansions, etc.
Please contact a Coffman Capital Account Executive today to discuss your specific medical accounts receivable financing needs and requirements. We will be happy to explain the program to you and provide you with options to suit your individual situation.
Now, if you’re interested in having us help you get a loan, give
us a call at 877-661-8069. Or, if you prefer to have us call you simply
click the "Call Me" button below. We’ll
contact you immediately to go over this unique program in complete detail.
Or, if you would like additional information, simply click the "Request
Information" button below.
Thank you for visiting our web site. We look forward to putting our
financial service to work for you!
Coffman Capital provides loans and financing
to doctors, physicians, dentists, veterinarians, optometrists, chiropractors
and other healthcare professionals for practice acquisition, practice
startup, practice expansion, practice improvement, working capital, equipment
leasing, debt consolidation and real estate. Coffman Capital works with
practice transition specialists, practice sales brokers, and practice
management consultants in the medical, dental, veterinary, optometry,
podiatry, chiropractic and other healthcare fields to assist them in providing
loans to doctors.
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