Invoice Factoring for Nurse Staffing
If your nurse staffing company is experiencing rapid growth, nurse staffing factoring can help. Invoice factoring for nurse staffing agencies can help your company manage rapid growth with steady cash flow.
Do you have difficulty keeping up because of your slow-pay clients? Waiting 30, 60, or even 90 days for payment can be a huge strain on your working capital. Nurse staffing companies choose factoring because it puts money in hand, fast. Invoice factoring is the cash flow solution you’ve been waiting for.
How Do Nursing Staffing Agencies Benefit from Accounts Receivable Factoring?
Factor Finders understands that the medical companies you provide nurse staffing for are important to you. Emergencies can’t wait, and your clients can’t afford to go without experienced nurses. Nurse staffing agencies that work around the clock know that every hour matters when it comes to serving their clients. Let nurse staffing factoring companies provide you with the funds you need to serve the ever growing medical industry. Our approval and payment to you will only take up to four days. That means you will have the cash in hand to amp up your recruiting team and continue providing excellent service to your clients. Whether you provide direct hire staffing, contract/temp staffing, or contract-to-hire staffing, Factor Finders will pair you with the best staffing factoring company that fits your needs.
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How Does Invoice Factoring Work for Staffing Companies?
Sell your unpaid invoices at a discount to the factoring company. They will then give you the cash and bill your customers at the terms to which they already agreed. When your customers pay in full, factors pay you the discounted amount minus our small factoring fee.
Invoice factoring is better than traditional bank financing. Factoring companies do not base funding approval on your credit (approval is based on creditworthiness of your customers), offer flexible terms (often with no contract requirements), and allow you to factor only the invoices you need. Factoring staffing invoices adds no debt to your balance sheet and there is no loan to repay.
Advantages of Invoice Factoring:
- Quick turnaround; You get cash in 24 hours or less
- Initial approval in as few as 3-5 business days
- You no longer have to wait on slow-paying clients
- The credit of your company is not taken into consideration
- You may use the factored money in any way that you choose
- You do not have to factor all of your invoices
Don't Wait Any Longer...
Invoice factoring is the perfect solution to get the working capital that you need! Call 855-322-8671
Funding for a Variety of Nurse Staffing Companies
Nurse staffing companies make sure they find the absolute best nurse candidates for their clients. Likewise, Factor Finders will find the best invoice factoring company to fund you the money you need. We will cater to your specific staffing needs and only partner you with an experienced factor. We work with a variety of nurse staffing funding companies that specialize in the following:
Occupational Health Nursing
Registered Nurses (RN)
Licensed Practical Nurses (LPN)