How Medical Transcription Services Can Improve Cash Flow by Choosing a Factor, Part Three of ThreeInstead of waiting weeks or even months to receive payment for their services, medical transcription services can factor their invoices and get paid within days.
How Medical Transcription Services Can Improve Cash Flow by Choosing a Factor, Part Two of ThreeIn my last article, I briefly introduced accounts receivable factoring as a viable financing option for medical transcription services who are just starting up or who are in the midst of a rapid growth period. Rather than waiting weeks or months to be paid, a medical transcription company can receive cash immediately by selling its invoices at a discounted rate to a factor.
