Medfactor
Dependable Funding. Dedicated to Healthcare
What is Medfactor?
Medfactor is a professional invoice factoring service, providing healthcare providers with a strategic solution to efficiently manage and optimize their cash flow. By facilitating timely payments for medical bills from insurers and third parties, Medfactor ensures financial stability and operational continuity.
What is Invoice Factoring?
Invoice factoring is a financial service that allows businesses to sell their outstanding invoices to a third-party factoring company at a discount, providing immediate cash flow.
What are the Benefits of Medfactor?
Immediate Cash Flow – Instead of waiting 30, 60, or even 90 days for insurers or third parties to process payments, healthcare providers receive funds quickly, often within 24 to 48 hours.
No Additional Debt – Unlike traditional loans, medical factoring does not create new debt. It leverages unpaid invoices to secure financing without requiring collateral.
Flexible Funding – The amount of funding grows with the business, as factoring is based on the volume of invoices rather than fixed loan limits.
Simple 5-Step Process to Get Paid Faster
1. Providing Services
Healthcare provider delivers medical services to patients.
2. Selling Invoices
Provider sells unpaid invoices to Medfactor.
3. Receiving an Advance
Provider receives advance payment from Medfactor.
4. Collection Process
Medfactor collects payments via direct payment to provider’s virtual bank account.
5. Final Settlement
Remaining balance is settled after collection.
Tailored Services, Affordable Prices
Our Comprehensive Service Packages at Affordable Price
DMS Basic
- Prospect Evaluation Report
- Letter of Demand
- Call For Action
- Debtor Portfolio Consulting Report
DMS Advance
- Prospect Evaluation Report
- Letter of Demand
- Call For Action
- Debtor Portfolio Consulting Report
- Business Documentation Review
- Webinar Seats
- Preferred Rate for DRS
DMS Premium
- Credit Bureau Report
- Letter of Demand
- Call For Action
- Debtor Portfolio Consulting Report
- Business Documentation Review
- Webinar Seats
- Preferred Rate for DRS