Medical Factoring and Healthcare Receivable Factoring Solutions
Fast, Flexible Medical & Healthcare Factoring with First Capital!
Request our FREE Guide on Invoice Factoring!
First Capital Provides Real Working Capital Solutions With Medical Factoring and Healthcare Factoring Services In Irving, Texas and Most States Nationwide!
Why Choose First Capital for Medical and Healthcare Factoring?
At First Capital, we’re experts in medical factoring and healthcare factoring—turning slow-paying invoices into immediate working capital. Whether you’re a clinic billing Medicare or a staffing firm awaiting third-party reimbursements, our solutions help keep your operations running smoothly.
What Is Medical & Healthcare Factoring?
Medical factoring (also known as medical invoice factoring or A/R financing) lets healthcare providers sell outstanding invoices—such as those owed by Medicare, Medicaid, or private insurers—to First Capital or our partner for an immediate cash advance (usually up to 80–90%)
Healthcare factoring similarly supports businesses—such as staffing agencies, medical suppliers, or billing firms—that serve the healthcare sector and face delayed payments.
How It Works (Step‑by‑Step)
- Submit your unpaid invoice(s) and supporting documentation to First Capital and partners (i.e., time sheets, service records).
- We offer a cash advance—typically 80–90% of the invoice’s face value.
- Once the payer (insurance, Medicare, Medicaid) remits payment—usually in 30–120 days—we release the remaining balance minus the agreed factoring fees.
Benefits of Medical & Healthcare Factoring
- Improved cash flow without debt — not a loan, so your balance sheet stays clean.
- Fast access to funds — approval in as little as a few hours, with same-day or next-day funding available.
- Operational flexibility — use funds for payroll, equipment, expansion, or other business needs.
- Outsourced collections — we manage receivable follow-up, letting you focus on care delivery.
- Scalable & tailored financing — fees tied to client creditworthiness, flexible volume, and terms.
- Protection from slow-paying insurers — avoid revenue gaps caused by delayed reimbursements.
Our Medical Receivable and Healthcare Factoring Parameters
Healthcare Businesses We Factor
- Medical Staffing, Recruitment, Payroll
- Hospital Guard Services
- Temporary Nurse Registries
- Medical Supply Companies
- Medical Logistics Companies
- Medical Transcription Services
- Outsourced Medical Coding Companies
- Healthcare Billing Services
- Medical Telecom & Technology companies
- Medical Equipment Companies
- Distributors and Manufacturers
Medical Clients We Factor
- Physicians
- Nursing Homes
- Urgent Care Clinics
- Hospitals
- MRI Clinics
- Radiology Centers
- Ambulance Providers
- Laboratories
- Rehabilatation/Physical Therapy Companies
- Durable Medical Equipment Providers
Invoice Factoring Guidelines
- Advance Rates Are Generally 80-90%
- Discount Rates (Factoring Fees) are typically 1-5%
- Tax Liens and Medicare Audits are Still Possible (You need to let us know on the application)
- We are well-versed in Medical Billing and Collection Services
- Generally Takes 1-10 Days Depending on the Circumstances with 3-5 Days being the norm
Frequently Asked Questions
| Question | Answer |
|---|---|
| Is factoring a loan? | No—it’s a sale of receivables, so it doesn’t create debt. |
| Can I choose which invoices to factor? | Yes—you can factor in bulk or selectively, as needed. |
| How much do I get upfront? | Up to 90% of the invoice value, depending on terms and credit. |
| When do I receive the remainder? | After payer settles the claim (typically within 30–120 days), minus fees. |
| What are typical fees? | Often around 2–3% per 30-day cycle, depending on volume and payer reliability. |
Ready to factor your third-party medical or Healthcare invoices?
First Capital Factoring Services are available to any Healthcare business and Medical provider. We can even help start-up small businesses with healthcare or medical company accounts receivable. Don’t let your provider’s unpaid invoices throttle your growth. Call us and speak with one of our experienced, knowledgeable Business Development Officers today! Ready to apply, click the button and request a Medical / Healthcare Factoring Application.
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When Banks Say No! The Small Business Guide To Factoring
