Benefits of Nurse Staffing Factoring for Agencies
Expedited cash flow is only one benefit of factoring for nurse staffing agencies, but it’s an important one. Speeding up agencies cash flow is usually vital to meet payroll and operating expenses – expenses that are often incurred several days (or even weeks) before corresponding customer invoices are generated.
We work with our factoring clients to build programs tailored to their needs and preferences. When it comes to approvals, we look at the whole picture, not just a credit score – we look for reasons to say “yes.”
Nurse and medical services staffing agencies can get important features in staffing factoring services that further enhance the benefits of factoring; such as:
- Low factoring fees starting at 1%
- Factoring advances as high as 98%
- Free, same day funding
- Fast approvals
- Free credit checks to vet new customers or set credit limits
- No long term contracts or factoring minimums – the agency stays in control
- Reduced overhead – fewer resources consumed by accounts receivable activities
- Plus no hidden fees and no application, due diligence or notification fees
Get a free, no-obligation quote for nurse staffing factoring services by completing the form below – you could go from approval to your first funding in hours.