Choosing the Right Funder

An increasing number of healthcare providers and suppliers have discovered that Medical Accounts Receivable (MAR) Funding is a viable solution to combat the demands on cash flow.

However, when selecting the right funder for your company, it is important to find the answers to the following questions to ensure you are making the best choice:

Flexibility:
Are you required to sell all of your claims or can you choose which claims you want to fund? The funder you select should have a flexible program that allows you to stay in control.

Funding Procedure:
How long will it take to process and fund your claims? A seasoned funder knows the importance of having a rapid turnaround time so that funding is available to you as you need it, when you need it.

Hidden Fees:
Are there any miscellaneous fees you may be charged along the way? Some funding sources will charge audit fees, report fees, and due diligence fees which are not disclosed in the contract.

Service:
Does the funder offer any value added services? Will there be one-on-one attention to your account as needed? It is important to choose a funder who has a commitment to client satisfaction and who knows and understands the pressures and demands of the healthcare business.