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As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The
If you own a medical office that is growing, sooner or later youll run into cash flow issues. Unfortunately, every business that is growing regardless of industry runs into them. When faced with cash flow problems, most medical offices try to get a business loan or a line of credit. Although business loans can work well, they are not a panacea. For starters, they are not easy to get. But more importantly, they have set maximums. This means that you may outgrow the business loan if your business keeps growing quickly. This is a very important point because once you have outgrown a loan, it is very difficult to try and get a new one. The first one must be paid off.A better option may be medical factoring. Medical factoring is a financing tool designed to help medical offices. It eliminates the 60 to 90 days it takes to get claims paid and accelerates payment time to between 2 to 7 days. This can be a huge advantage if slow paying claims have put you at risk of:1. Missing payroll 2. Missing rent or other payments3. Delaying important hiring decisionsMedical factoring can provide you with:1. Funds to meet payroll2. Funds to pay rent and vendors3. Financing based on your claims. The more you bill the more financing you getAs opposed to business loans, medical factoring is easy to qualify for. The main requirement is that your office be up to date in taxes and be free of any tax or commercial liens. And its also quick to set up. It usually takes about 10 days to set up an account for initial funding, but all subsequent fundings happen within 24 hours of submitting the request. The process is very simple:1. You submit claims to insurance companies and send a copy to the factoring company2. The factoring company advances between 70% - 85% of your net expected collections3. You get immediate funds. The factoring company waits to get paid4. Once the factoring company is paid, the transaction is settled.Because of this, medical factoring is an ideal tool to streamline your medical offices cash flow.
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