True Medicaid and Medicare factoring

**Davincinc** · 11-04-2016, 02:13 PM

Needing a direct lender who provides financing to medical companies with ages Medicaid Recievables.

Not seeking an Mca of any kind here.

Thank you

Davinci

**dpFund** · 11-04-2016, 03:07 PM

Steve -

I know just the guy. Call Ben Rutkevitz at Alleon Capital. 201-340-6346. ben@alleoncapital.com

They like the larger deals, but what you are requesting is their specialty.

Tell him I recommended him (he sends clients to me and I like to return favors).

Good Luck!

Dan Page
dan@fundingstrategypartners.com
Direct: (303) 938-8280

**bdshaw** · 11-04-2016, 03:26 PM

Hi Steve.
If you call me Monday I'll give you the number of a company that is less expensive than Ben.
Bob Shaw
734-929-3800

**omegafund** · 11-04-2016, 03:45 PM

Originally Posted by bdshaw

Hi Steve.
If you call me Monday I'll give you the number of a company that is less expensive than Ben.
Bob Shaw
734-929-3800

Bob what is your turn around time on medical factoring?

**RichardGerard** · 11-04-2016, 03:56 PM

Agree with Bob Shaw.. There are several firms more cost effective- Issue is NET receivable amount... Turnaround time on the people that do it is typically 3-4 weeks.. Rates can be as low as 7%

**omegafund** · 11-04-2016, 04:05 PM

By aged receivables is that over 120 days? You may clarify and ask one of these guys for more information. But a true factoring line on medical is based on the % of the actual receivables collected into the bank and usually they don't accept anything over 120 days.
Typically they like lockbox and all future receivables to flow into that.
Lots of guys now are waiting on the state government to clear their AP and pay medicaid insurance.
Again bob or Richard may have someone that does it differently work with them if you have not navigated these before

**bdshaw** · 11-04-2016, 07:21 PM

We don't do medical factori,g. I was going to refer him to someone I've done business with in the past. My guy won't be as inexpensive as the rates Richard mentioned. If he calls I'll refer him to Richard. Richard, you owe me a cup of coffee.
Bob

**MoneyGuy** · 11-07-2016, 01:09 PM

We do accounts payable and accounts receivable factoring. Whether you are owed money or owe money we are able to lend to you. We have programs that deal directly with aged receivables. You can email, text or give me a call for more information, I would be happy to assist you. Have a great day.

email- john@verticalbizfunding.com
office- 201-258-7720 ext-412
cell- 201-563-9156

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