Healthcare Staffing Factoring - Nurse Staffing

Other Industries

Serving Businesses Nationwide

Running a successful healthcare staffing company requires exceptional skill. Managing recruitment, credentialing, placements, customer concerns, payroll, and taxes can overwhelm even the most efficient teams.

In addition to these challenges, waiting 30, 60, 90, or even 120 days to receive payment creates payroll uncertainty for even the most successful operators.

At Gateway Commercial Finance, we understand the unique financial challenges faced by your medical staffing agency. Whether you’re dealing with slow client payments, high concentration, extended terms, or VMS’ red tape, our solutions help keep your agency’s cash flow positive and ready for growth.

Unlock Your Healthcare Staffing Agency's Cash Flow with Invoice Factoring

If your agency struggles to keep up with payroll or fund day-to-day operations, invoice factoring can be the financial solution you need.

Whether you’re staffing RNs, LPNs, CNAs, or providing Physician Locum Tenens, we’ve assisted hundreds of healthcare staffing agencies facing similar challenges.

From startups to established operators, we offer timely and cost-effective solutions to healthcare staffing agencies across the U.S.

Expert Care...

After nearly 30 years as a nurse, Tina Taylor decided to start her own nurse staffing firm. “I had no idea of the challenges we would face running a business. I’m a nursing professional, not an administrator… so many parts to running your own business.” Gateway provided Tina with a suite of products and services designed to support a growing business.

“Gateway is an ideal partner. In addition to the cash flow, they expertly monitor and manage my receivables, monitor my customer’s credit ratings, and provide me with a suite of management reports that help me better manage my business. It’s nice having someone look after me for a change!”

...Solutions Stat!

We Know The Challenges Your Medical Staffing Business Faces

Delayed Client Payments: Many hospitals, clinics, healthcare facilities, and VMS operate on extended invoice payment terms, leaving your agency waiting weeks or months before you see payment for services.
Missing Payroll is Not an Option. Your nurses, allied health professionals, and other employees expect to be paid. Managing payroll without reliable cash flow can shutter your business overnight.
Upfront Expenses: Medical staffing firms encounter significant upfront costs that can quickly drain available funds. Expenses such as sales and marketing, recruitment, onboarding, credentialing, training, payroll taxes, and covering travel and housing for nurses or per diem workers can severely impact cash reserves.
Fluctuating Demand: The healthcare industry experiences peaks and valleys—whether due to seasonal demand, crises, or workforce shortages—making it difficult to predict revenue streams.

How Factoring Helps Your Healthcare Staffing Company Thrive

Invoice factoring unlocks the cash in your accounts receivable, providing your medical staffing agency with the consistent cash flow it needs to operate smoothly. Here’s how factoring helps:

Immediate Cash Flow: Instead of waiting 30, 60, 90, or even 120 days for client payments, you can access up to 92% of the invoice value immediately. This allows you to pay your employees on time and cover other operational expenses.
Focus on Growth: With steady cash flow, you can focus on growing your agency, hiring new staff, and taking on more contracts without worrying about covering payroll.
Payroll Security: Factoring ensures that your nurses, LPNs, CNAs, therapists, and allied health professionals are paid on time, keeping your workforce happy and loyal to your agency.

Types of Medical Staffing Companies Supported by Factoring

Staffing invoice factoring can benefit a wide range of medical staffing agencies, no matter the type of healthcare professionals they place or the environments in which they work. In addition, we often extend factoring to startups and mature companies. Agencies that commonly use factoring include:

Temporary Nurse Staffing Agencies: Placing nurses, LPNs, and CNAs in acute care, long-term care, and outpatient clinics.
Travel Nurse Staffing Agencies: Managing the placement of traveling RNs, NPs, and LPNs in regions with temporary staff shortages.
Allied Health Staffing Firms: Providing physical therapists, radiology technicians, respiratory therapists, and other allied professionals in rehab centers, outpatient clinics, and hospitals.
Locum Tenens Staffing Agencies: Placing temporary physicians, nurse practitioners, and physician assistants in underserved or rural areas.
Home Healthcare Staffing Companies: Supplying home health aides, registered nurses, and physical therapists to patient homes and assisted living facilities.

Here's How The Medical Staffing Factoring Process Works

Medical staffing factoring is a straightforward process that gives you the working capital you need to keep your agency running smoothly:

Invoice as Normal: Once your medical staff completes their shift or assignment, you invoice your clients as usual.
Submit Invoices to the Factoring Company: You submit your invoices to our factoring company when you’re ready.
Receive Immediate Cash: Upon approval, our factoring company advances a percentage (typically 85-92%) of the invoice value to your agency, usually within 24 hours. This gives you the cash flow to pay your staff on time and cover business expenses.
Customer Pays in Their Normal Course of Business: You remain the supplier of record, but your clients send the payments to a P.O. Box under your company’s name. Once the invoices are paid in full, the remaining balance (minus our small factoring fees) is sent to your agency.

Why Choose Factoring for Your Healthcare Staffing Business?

Receivable factoring is widely used and is a powerful financial tool that helps many businesses maintain steady cash flow, meet payroll obligations, and invest in growth. When your agency is experiencing delays in client payments and needs help managing cash flow, nurse staffing factoring can provide the financial flexibility you need to succeed.

Factoring is a better option than traditional loans for nurse staffing firms. It provides immediate cash based on outstanding invoices without creating debt or requiring lengthy approval processes. It is more flexible, doesn’t involve strict credit checks, and doesn’t require collateral or impact credit or your balance sheet.

Do not let cash flow bottlenecks slow your agency’s rapid growth. With medical staffing factoring, you can unlock the value of your outstanding invoices and keep your business moving forward!

Why Gateway Commercial Finance is the Perfect Payroll Funding Company for Your Medical Staffing Services

At Gateway Commercial Finance, we specialize in helping the healthcare staffing industry overcome financial challenges through our tailored receivable factoring services.

With almost 20 years in business, a combined experience of more than 85 years, and more than 1500 clients served across the U.S., we offer reliable and flexible solutions that provide immediate cash flow to keep your operations running smoothly.

We purchase invoices from various healthcare facilities, including hospitals, nursing homes, rehab centers, outpatient clinics, home healthcare agencies, and government institutions, ensuring your agency can thrive without delayed client payments.

Our factoring service is designed to support your staffing needs

Fast Approval Process and Funding: At Gateway Commercial Finance, we prioritize speed. We understand that meeting payroll means feeding families. We can provide initial approvals in 30 minutes, board a new client within 2-3 days, and thereafter fund daily. You’ll get immediate access to cash without unnecessary delays.
Competitive Rates: We offer some of the most competitive factoring fees in the industry so that you can keep more of your hard-earned revenue.
High Advance Rates: We advance up to 92% of the invoice value, providing you with substantial working capital to cover your operational costs, payroll, and expansion efforts.
Facility Size: We have funded startups needing as little as $15K to Multi-state providers with $10M lines.
Freedom to Factor What You Need: We allow you to select certain customers and sell only the invoices you choose. Select the specific invoices and clients that best meet your cash needs.
Professional Monitoring: Our staff are experts in receivables management. We’re never going to get a customer to pay faster than in their normal course of business, but rest assured that we’re mindful of the performance and are proactive in keeping you in the loop with your unpaid invoices.
Non-Recourse: We can extend non-recourse when customer credit and exposure support it.
Flexible Terms: Whether you need factoring on a short-term or long-term basis, we provide flexible terms that fit your business’s needs. No minimums or long-term commitments are required.
Credit Support: Whether you choose to factor a customer with us or not, our credit tools and recommendations are available 24/7. Let us provide you with reliable credit information on your customers before you extend credit.
Personalized Support: When you partner with Gateway Commercial Finance, you can access a team of experts who understand the medical staffing industry. We work closely with you to ensure smooth transactions and provide the support you need.
Reporting: The reports we provide to our customers, available 24/7, will give you an immediate picture of the health of your receivables and your cash flow position. Updated and available to you in real-time and reconciled to the penny.

We'll Purchase Staffing Invoices Issued to Most Healthcare Facilities

When your agency provides staffing services, the payments come from various healthcare facilities, organizations, and institutions. We’ll purchase receivables issued to a wide variety of healthcare facilities.

Hospitals: Both large and small healthcare systems with extended billing cycles.
Nursing Homes and Assisted Living Facilities
Rehabilitation Centers
Clinics and Outpatient Centers
Government Facilities

Gateway Commercial Finance Supports Your Long-Term Goals

Gateway Commercial Finance is committed to providing medical staffing agencies with the financial support they need to grow and thrive in a competitive industry. By partnering with us, you’ll have a reliable funding source to meet payroll, cover expenses, and seize new business opportunities without waiting for client payments.

We help maintain healthy cash flow, positioning your agency for long-term success. With Gateway, you’re gaining a dedicated partner focused on unlocking your business’s full potential with financial flexibility and expertise.

Feel free to contact us today, and let’s explore how we can be the perfect partner for your medical staffing agency!