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What Makes a Client Stay?

In many cases one factor will price a transaction very similarly than another would. They both should see the same risks, strong points and general attributes of the transaction. So one can make the argument that if pricing is almost identical, and your client can get...

ICD – 10 Better Than Expected

Lenders and Factors have been gearing up for many applicants to be generated by the new coding structure called ICD-10. These are the internationally accepted diagnosis codes used by all providers. The new codes have increased in number and provide more specificity in...

Healthcare Factors have Different Risk Tolerance

Recently we came across a staffing company providing skilled nurses to take care of patients in skilled nursing facilities (nursing homes), assisted living facilities, hospices and hospitals. Although this initially appeared to be a healthcare factoring transaction...

“Insurance”

An applicant recently sent in a request for factoring who was in the home-based hospice industry. Until now he was perfectly comfortable with his cash flow and was in a good cycle being able to pay expenses and withstand the typical payment profile for that industry....

Another Success Story

As specialists in Healthcare, Xynergy is presented with many factoring opportunities both in traditional medical factoring and healthcare “related” transactions. Once such related transaction involved and staffing company that provides nurses to medical facilities. In...

Why Financial Transactions Do Not Close

There are generally three stages to underwriting and ultimately funding a factoring transaction; a) the application process in which basic information is provided by the borrower/applicant which, if all looks good on that front leads to b) the proposal which itemizes...