by Alejandro Nathan | Oct 25, 2017 | Factoring, Healthcare Factoring, Medical Accounts Receivable Funding
One of the best ways to stretch your money when it comes to being a healthcare provider is to invest in more modern healthcare technologies. While the initial cost forces you to take a hit to your income, the benefits are both numerous and profitable. If your...
by Alejandro Nathan | Aug 30, 2017 | Factoring, Healthcare Factoring
Often, those new to our company and this area of business in general question why they should even bother with contacting Xynergy Healthcare Capital over a traditional loan. What many people fail to understand is that healthcare factoring is not a loan at all, and in...
by administrator | Nov 29, 2014 | Factoring, Healthcare Factoring
Healthcare factoring is a form of financing but rather than using collateral as the means of lending, Xynergy Healthcare Capital uses a purchase agreement model. The model allows for business owners in the healthcare industry to finance their medical accounts...
by administrator | Oct 28, 2014 | Factoring, News
Whether you are a new business or a developed business, your growth can be compromised by limited funds. In the healthcare industry cash flow takes longer because most invoices stay open for 30-120 days until a third party provider remits payment. But healthcare...
by administrator | Sep 17, 2014 | Factoring, Healthcare Factoring, Medical Accounts Receivable Funding
The most common mistake a person makes when trying to determine the “cost” of factoring is equating the dollars spent on this finance option to an interest rate. If one looks at the definition of factoring (simplified for this example), it is the discounted sale of an...
by administrator | Aug 17, 2014 | Factoring
Many times a factoring applicant informs us that “another factor has already quoted him a fee of 1%.” We will never address that in any way other than telling him that we don’t know what that means. One would think that since we are a factor, this is not a difficult...
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