US EditionThe Pros And Cons Of Money Factoring - Doctors Business Network
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The Pros And Cons Of Money Factoring - Doctors Business Network
Money factoring allows your medical practice to maintain a steady cash flow regardless of when your patients are able to pay their bills. Companies called factors will give you up to 90% of the total of an unpaid invoice. Once your customer pays their bill, you’ll be reimbursed the additional 10% minus the factoring company’s fee. The benefits of money factoring include: A steady, positive cash flow that allows you to access funds within hours. …
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