Avoid Long Payment Cycles from Health Care Clients
Medical innovations and an aging population ensure that health care will continue to be one of the fastest-growing industries in the U.S. Still, health care manufacturers and service provides must cope with long payment cycles that can limit their cash flow.
RTS Financial provides customized factoring solutions that help companies in the health care field build more working capital to pay employees, meet customer demands and generate new business. Through factoring, we finance your receivables within a day, allowing you to avoid the 30- to 60-day wait on customer payments. This boost in cash flow helps companies keep pace with the rapidly changing health care industry.
How Factoring Works in Four Simple Steps:
- Your company completes a sale or service.
- You send your invoice to RTS Financial.
- You receive early payment on your invoice from RTS Financial.
- RTS Financial collects full payment from your customer.
Benefits of Working with RTS Financial:
- Same-day funding
- Highly competitive advance rates with no hidden fees
- Online account access and easy uploading of documents
- Free collections and other back-office services
- Access to funding is based on your customers’ credit, not your company’s credit or business history
- As your health care company grows, the cash flow from factoring matches that growth
Need Cash Flow? We Can Help.
Health care is a diverse industry, but RTS Financial provides flexible funding solutions that benefit companies of all sizes and specializations. These companies include:
- Medical staffing
- Pharmaceuticals
- Home health care
- Health clinics
- Biotech
- Medical device manufacturers