Industries
Healthcare
Cash-flow solutions built for healthcare providers
MyFactor finances medical receivables for healthcare providers, health systems, and other healthcare entities — so you can stabilize cash flow, make payroll, take on more patients, and grow. We fund any medical provider in the U.S. that bills third-party insurance carriers.
Who we fund
- Clinics and practices
- Home health
- Medical staffing
- Labs and imaging
What is healthcare factoring?
Healthcare invoice factoring is a financial solution where your business sells its unpaid invoices to a factoring company, like MyFactor, for an immediate advance, typically within 24 hours. Instead of waiting 30, 60, or 90 days for customers to pay, you get the cash flow to cover operating expenses, purchase inventory, pay employees, and invest in growth.
Medical receivables, funded
Insurance payers can take 30 to 90 days. We advance against receivables from third-party payers so providers can meet payroll and keep seeing patients.