accounts receivable factoring for nurse staffing companies
DESCRIPTION
Nursing staffing companies can grow with accounts receivable factoring.TRANSCRIPT
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Accounts Receivable
Factoring For Nurse Staffing
Companies
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FINANCIAL DIFFICULTIES FACED BY NURSE STAFFING AGENCIES
Staffing agencies that specialize in employing nurses are not immune to the financial problems that other businesses face. Cash flow issues become inevitable when your have slow paying customers or clients who don’t pay at all, poor economic conditions and expenses seem to exceed your agency’s income.
This means that you can’t meet your costs, you can’t buy equipment or supplies and ultimately, you won’t have the resources to continue staffing.
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HOW FACTORING CAN REPAIR THE FINANCIAL DAMAGE
Staffing hospital facilities with nurses is your core competency. However, growing your staffing agency can be tough without steady cash flow. Accounts receivable factoring companies can stabilize your cash flow by purchasing your outstanding invoices and advancing your company the cash.
This provides cash that doesn’t come at high rates to be used in the way your firm needs it most.
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WHAT FACTORING GIVES YOU!
Factoring your accounts receivable is cash that you can utilize for:
Covering payroll taxesExpansion and reaching goalsIncreasing budgetsObtaining resourcesServing more customers & hiring more
nursing staff
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STEPS TO START FACTORING
The factoring process is easy:1) Continue staffing nurses for your current
clients 2) Send us your receivables along with an
application and a few documents3) We advance cash straight to your agency4) We collect payments from your insolvent
customers5) Upon full payment, you’ll be sent the
remaining invoice amount.
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GET IN TOUCH Contact PRN Funding today to start factoring your
receivables. Just follow our link:
http://www.prnfunding.com/
https://www.facebook.com/PRNFundingLLC