Invoice Factoring For Medical Transcription Service Providers
At GMA Factor our focus is on superior customer service while we give growing businesses an alternative to conventional bank financing. Most medical transcription companies have to wait up to 60 days to get paid for their services. Doctor offices and medical centers are solid payers; they are also notorious for paying slowly. This can create problems for medical transcription companies that have expenses to meet, including payroll. We offer medical transcription service providers a steady stream of cash through the invoice factoring of their account receivables.
Factoring accelerates the revenues that are tied in slow paying accounts receivables. GMA Factor advances funds to your company using your invoices as collateral for the transaction. This provides your company with the money it needs to cover critical business expenses. Factoring also stabilizes your cash flow putting your company in a better position to capitalize on new opportunities.
GMA Factor advances you up to 99% of the invoice amount immediately and doesn’t sign you on to any long-term contracts. Get started immediately by filling out the quick application on the right-hand side of this page or go to our online or downloadable application.