Medical Lien (LOP) Purchasing

Purchase:  25%-60% of Estimated Collectable Value (“ECV”), which will be determined using industry standards.

Fee: $0

A/R Servicing and Collections

Serving & Collections:  We collect outstanding receivables and update case status on the remainder. Any account that is truly uncollectable is returned to the client as a bad debt write off.

Servicing Fee: 25% of total collected receivables

A/R Factoring

Upfront Advance:  70%-80% of Estimated Collectable Value (“ECV”), which will be determined by us using industry standards and your collection history.

Factor Fee: 2.0%-2.5% of ECV for every 30 days the claim is outstanding

Business Loans

Installment loan secured against receivables. Typically 18 mo. term with flexible payment options, including interest only.

Interest rate: 2.5% - 5% of loan amount monthly

Equipment Leasing

Installment loan similar to business loans used specifically for the purposes for leasing equipment. Payment goes directly to equipment provider allowing for more favorable terms.

Interest Rate: 2.0% - 4.5% of loan amount monthly

*Specific terms and conditions can change at any time.  Please contact MedBanker for the most up-to-date terms and conditions.