Collection AgencyView Product Home>
Internally recovering money owed to a business from a client or customer can be frustrating, not to mention expensive and time-consuming. Debt collection agencies specialize in bringing in payments, via phone or mail, from overdue accounts as soon as 30 days after payment is due. If the delinquent account is not able to pay the full balance, a collection agency is even able to collect partial payments so the business is not at a complete loss.
Accounting / Bookkeeping
Generally, poor in-house financial management is the leading reason businesses fail. If a business wants to succeed, proper accounting or bookkeeping is key to getting organized and becoming profitable. Professional accountants and bookkeepers offer a specialized service that can keep businesses on track. Hiring a business accounting and bookkeeping service can assist companies with auditing services, tax planning, business consulting business valuation, financial planning and much more.
Business LoansView Product Home>
Whether it be for a startup needing to pay for initial expenses or an established company financing ongoing operations, all types of businesses take out loans. Business loans can help to obtain or improve facilities, invest in major equipment, boost working capital and build inventory. Even if a business has enough capital to cover its expenses, a business loan may be beneficial for building credit for the future.
Merchant Cash AdvanceView Product Home>
Businesses that don’t qualify for traditional loans often find that merchant cash advances are a beneficial and less risky alternative to acquiring funds. A merchant cash advance is a loan from financing companies in exchange for a percentage of the business’s future credit card sales. Generally based on average monthly credit card volume, a merchant cash advance offers no preset time to pay back and no interest, so businesses know what they are going to pay up front.
Medical BillingView Product Home>
More often than not, businesses looking to make their medical practice more efficient are turning to a medical billing service to handle their entire billing process, such as: submitting claims to claims clearinghouses, following up on rejected claims, and tracking business accounts. Medical billing services are HIPAA approved, require less time for staff to deal with billing or insurance issues, not to mention, they positively impact business revenues in general.
Is your business in need of funding? If so, commercial factoring might be just what you need to get your company up and running. Commercial factoring allows you to increase cash flow without having to jump through all the approval hoops that banks impose on businesses. How it works: a business sells its accounts receivable or invoices to a third party financing company known as a “factor” in return for a monetary advance. This allows a business to get cash quickly instead of having to wait months until revenue is generated. Find out if commercial factoring is right for your business.
Medical Practice Management Software
Reduce your workload with a medical practice management software. This type of software is designed to streamline your clinical workflow by tracking your patients from beginning to end. Software capabilities include: appointment tracking, patient demographic data collection, recording medical diagnoses and managing claims. Businesses that use medical practice management software report a significant increase in day-to-day efficiency as well as a decrease in overhead costs.