Healthcare supplier and medical staffing factoring
- Business scope
- Medical and nurse staffing, allied health staffing and suppliers of goods or services to healthcare providers. The medical staffing page explicitly includes startups.
- Invoice eligibility
- Goods or services must be completed, delivered and accepted by a creditworthy customer. Government customer invoices can be considered. Existing pledges over invoices need resolution.
- Underwriting
- Application review can include receivables aging, customer list, sample invoices, payment history and service verification.
- Amount and pricing
- Customer credit limits, advance percentage and fee structure are determined during review. No universal program-specific numerical rate or funding limit is established here.
- Term flexibility
- Broker FAQ says no binding term contracts after account setup. The application process still requires a signed factoring agreement; confirm spot versus ongoing terms.
- Payment direction
- Customers are informed that invoice rights were sold; payments are payable to PRN. The medical staffing workflow directs payments to its lockbox.
- Recourse and reserve
- Obtain the agreement's repurchase obligations, reserve calculation, release timing and guarantee terms. These sources do not establish blanket non-recourse protection.
Provider sources: Provider role, eligibility and assignment · Application review and agreement · Medical staffing and startup program
