Invoice Factoring for Healthcare Practices

Invoice factoring lets you convert unpaid customer invoices into immediate working capital, rather than waiting the typical 30, 60, or 90 days for customers to pay.

Why invoice factoring fits healthcare practices

Practices that bill insurance companies or larger healthcare networks often wait weeks for reimbursement, which is exactly the kind of receivables gap invoice factoring is designed to bridge. This product is generally built for businesses that invoice other businesses and experience cash flow gaps while waiting on customer payment.

Common uses for healthcare practices

• Covering payroll while insurance reimbursement is outstanding
• Bridging cash flow around claims processing delays
• Taking on more patients without waiting on existing receivables

What to expect

Qualification factors vary by lending partner and the specific program you’re matched to. Your funding specialist will confirm exactly what’s needed once you’re matched to a invoice factoring option.

Frequently asked questions

Is this the right fit for my business? Your funding specialist reviews your business profile and matches you to the programs in our lending network that fit your specific situation, which may include invoice factoring or another structure entirely.

See the full Invoice Factoring product page for how the funding works, or explore funding options for the healthcare practices industry.