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- Auto Account Receivables
- Funding & Factoring Services
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Medical providers and large healthcare organizations accumulate large portfolios of accounts receivables due to the nature of insurance company reimbursements, and especially AUTO account receivables, where auto insurance companies will do everything in their power to delay, deny, reject, and not pay medical bills timely. These portfolios are non-liquid assets that take months or years to collect yet cost your practice or facility monthly fees to maintain billing status, follow ups, collections and tracking efforts, etc. If these accounts are turned over to a collection agency even more costs are incurred, and risk increases.
Ogratis medical accounts receivables’ funding & factoring will free up working capital fast for more productive use of your cash-flow such as increasing staff productivity, purchasing new equipment, expanding practice locations or minimizing a financial set-back, while improving your overall profits, revenue cycles, operational cost, investment opportunities, etc.
Ogratis can help you grow, be profitable, and surpass your financial goals without wasting so much time. With Ogratis funding & factoring, you will receive cash-flow solutions that will help provide enough working capital for your organization to grow further. When you have limited access to financing, we can enhance your financial flexibility by increasing cash flow to assist with your short-term or long-term financial strategies, goals, and objectives.
Accounts receivable factoring (or accounts receivable financing/funding) is a popular form of funding for healthcare providers, organizations, hospitals and systems that need to close the gap between slow or non-paying customers and having cash for other expenses, like buying new equipment for example.
We can help purchase your invoices in order to advance a portion of the invoice, within days (not months) to close that gap and keep your cash flow optimal.
The process is simple:
It’s no secret that slow-paying customers (specifically auto insurance companies) can strain your cash flow and increase your risk dramatically.
Any small business owner, or large enterprise CEO/CFO, knows that waiting for customers to pay invoices while trying to cover expenses and payroll is frustrating and not healthy for long term viability, regardless of your business size.
It’s even worse if outstanding receivables are holding your business back from taking on new opportunities (whether you plan to purchase more real estate, build a new practice, purchase new equipment, or even perform personal investments).
Accounts receivable factoring/funding is a simple way to get paid faster (typically within 3-5 business days for outstanding/aging receivables), and mitigate your risk and exposure to cash flow challenges.
We can help you with flexible accounts receivable factoring/funding solutions for both start-ups and long-established companies.
Also known as accounts receivable financing, factoring is a transaction which involves selling receivables to a factoring company. The receivables factoring company pays the business owner (you) the value immediately. Then, the factor is paid by your customer.
Factoring receivables is used to smooth out the gaps in your cash flow caused by slow or resistant payers. It’s a debt-free way to get paid sooner by unlocking the cash tied up in unpaid invoices.
Since it’s not a loan, there is nothing to repay. Rather than waiting 6+ months for payment, factoring accounts receivable with us can help your business get paid immediately for goods and/or services you’ve already provided.
THANK YOU FOR VISITING OUR SITE. YOU ARE BEING REDIRECTED TO OUR NEW WEBSITE WWW.OGRATIS.COM DUE TO THE TREMENDOUS RESPONSE FROM NUMEROUS BUSINESSES IN BOTH MEDICAL AND NON-MEDICAL AREAS. THEREFORE, WE HAVE RE-BRANDED OUR COMPANY NAME TO “OGRATIS” FROM “MED OPS RESOLUTIONS”. OUR SERVICES HAVE EXPANDED TO SUPPORT ALL BUSINESS IN ALL INDUSTRIES/SECTORS, WITH THE SAME TOP-NOTCH CUSTOMER CARE, AND REMAINING UNDER THE SAME STRONG LEADERSHIP TEAM. THANK YOU!