PRN Funding delivers funding solutions to those in the healthcare and medical sectors, such as staffing for nurses and medical technicians, transcription and coding services, and medical supply companies. Though potentially lucrative, businesses that supply those in the medical sector have to contend with high expenses and slow payment cycles. Such issues can negatively impact cash flow making business growth near impossible.
PRN Funding offers healthcare factoring as well as medical receivables factoring, which is used with government payers such as Medicaid and Medical. Many factoring companies won’t work with these payers because they are bureaucratic and slow. Yet PRN Funding does work with these accounts and is highly familiar with the intricacies of working with government and other third-party payers.