Nurse Staffing Factoring
No more waiting 30 to 60 days to get paid for your nurse staffing services with factoring. At one time or another, every business has experienced poor cash flow. ( Nurse staffing, Temporary Nursing Staffing agencies, Traveling nurse agency )
(a) Fast growing 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) Company with seasonal or uneven sales patterns.
(d) Principles with bad credit and cannot obtain traditional financing.
From a banker's perspective, it's the business owner's personal credit and the company's operating and financial history that will determine whether or not they would approve any loan amount. Factoring is a simple extension of your current accounts receivable process. When a bank would say no, Factoring will say "YES"
Nurse Staffing Factoring
| No Application Fee - Simple Application | No credit rating |
| No collateral other than your accounts receivable. | No debt on your balance sheet |
| No Payments | 1 to 2 days funding |
Get started Now: Complete our simple factoring nurse staffing application
Simple and Easy Process
1. Following your normal course of business, you sell your service to a customer, and issue an invoice for the value of the goods or service.
2. To factor the invoice, you follow the sale by sending the factor a copy of the invoice.
3. The factor processes the invoice, and within 24-48 hours, the factor gives you a percentage of the invoice amount, called an advance payment. This is the first of two payments you receive when factoring an invoice.
4. The customer, when ready to make payment, directs payment to the factor.
5. When payment is received, the factor withholds a small factoring service fee, and returns the difference, or reserve back to you.
6. Payment is remitted to Factors when due.
7. When payment is made in full for a factored invoice, the balance or reserve (e.g., the amount not advanced) is due to the client less any earned factoring fees.
Nurse Staffing Resources
| American Journal of Nursing | Business.gov |
| Healthcare Traveler | Nurse Week |
| RN Magazine | State Boards of Nursing |
Find out today how factoring nurse staffing can help you today.