What is Money Factoring?
How can your medical practice stay afloat when it takes 30, 60, even 120 days for your customers to pay? The truth is that until you’re running an established practice, it’s very difficult to maintain a positive cash flow. One way around this problem is a process called money factoring. Money factoring allows you
How to Choose a Medical Practice Lender for …
Your medical practice needs state-of-the-art equipment and a steady influx of working capital in order to stay competitive. With a wide variety of medical lending options to help you purchase equipment and maintain daily operations, it can be difficult to know how to choose the right medical practice lender. When considering how to finance the […]
Merchant services – credit cards
Working with a merchant services provider will allow your medical practice to accept credit card payments from patients, clients, vendors, and anyone else who owes you money. Credit card processing capabilities will afford your medical practice the following benefits: Process payments at lightning-fast speeds – no more waiting for paper checks to clear! Accept mobile […]
Asset Protection
Asset protection is a key area of financial planning often overlooked by many physicians. Not only do you need to protect your practice
Estate Planning
As a medical professional, estate planning is an important part of protecting your assets. But many physicians delay estate planning until it’s too late, focusing instead on investments, taxes, and other more pressing financial matters. Having an estate plan in place is not just important for after you retire; it’s key to ensuring your assets […]