When your Bank says NO; Accounts Receivable Financing says YES
If you are providing goods and services to healthcare providers and your business is at the early stages of development or experiencing growth; your number one challenge may be working capital and financial shortfalls.
You may be experiencing Lost Business Opportunity (LOC) i.e. turning away new businesses, unable to fulfill new orders or even meet existing ones, limiting the growth potential of your business, draining your bank line of credit, risking tax liens, threatened with low or no credit rating at all due to lack of working capital. The slow net 30-60-90 terms hinder your growth.
Are you holding invoices from:
Hospitals 
Nursing homes
Group doctor’s offices
Home health care companies
Rehab clinics
Out-patient centers
Diagnostic laboratories
Medical centers
Substance abuse and residential treatment centers
Imaging centers
Infusion and dialysis centers?
Accounts Receivable financing transforms your unpaid invoices into immediate cash.
9 Reasons you should use Accounts Receivable Financing:
1. It is debt-free: as a discounted outright purchase, there are no debts to pay, no “muddying up” your balance sheet.
2. It gives you lump sum cash when you need it most: NOW.
3. With continuous, adequate, working capital guaranteed, you have cash to meet payroll demands, increase production and sales, hire new staff, purchase new equipment, secure cash and volume discounts, respond immediately to seasonal demands, compete for government contracts, and offer credit terms to customers without feeling the crunch.
4. It is an all-season business financing option: available whether the economy is slow, in recession, or booming.
5. It is the only source of business financing that grows with your sales: as the sales increase, more money becomes immediately available to your business.
6. Decision to finance is based on the creditworthiness of your clients. The investor buying your invoices at a discount does not want your history of profitability, no tax returns, no personal financial statements, no business plans or personal guarantees.
7. The investors discounting your invoices are flexible and want you to succeed: A quote is provided within 24 hours of receiving your application, funding up to minimum 70% of total invoice value received within 48 hours of approval, non-recourse finance; i.e. the investor assumes the risk of bad debt.
8. There are no hidden fees, no long-term obligations, reserves are paid fast, and the investor may lower discount rate as the volume of invoices grows.
9. Some investors provide invoice processing, credit management, and professional debt-collection services for a small fee upon request.
Imagine how you would feel and how your business could grow without additional debt? ECFS brings the peace of mind capital to our clients’ cash flow problems. We are the solutions provider to your cash flow needs. Give us a call today!
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