CapFlow Funding Group Launches $60,000 mFactor™ Facility for Non-Emergency Medical Transportation

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November 21, 2024
Category:
Invoice Factoring
$60,000 mFactor facility

CapFlow Funding Group is proud to announce another financing of a $60,000 mFactor™ (micro-factoring) facility tailored to meet the needs of a leading Massachusetts-based non-emergency medical transportation company. This closure reflects CapFlow’s ongoing commitment to providing innovative micro-factoring solutions that empower small to medium-sized businesses to overcome financial challenges and thrive.

“At CapFlow, we take pride in supporting businesses that align with our mission to foster growth through creative and customized financing solutions,” said Andrew Coon, CEO of CapFlow Funding Group. “This facility highlights our ability to address the unique needs of businesses in niche industries, like non-emergency medical transportation, helping them unlock their full potential.”

The Benefits of mFactor™ for Transportation Companies

Non-emergency medical transportation companies often face significant cash flow hurdles, especially when dealing with delayed payments from clients on net 30, net 60, or longer terms. mFactor™ offers a practical and reliable solution by providing immediate access to cash upon invoicing. This ensures businesses can cover critical operating costs—such as vehicle maintenance, fuel, and payroll—without financial strain.

Thomas Ingrassia, Chief Risk Officer shared his perspective: “Emerging companies often struggle to access capital due to limited working capital options. With mFactor™, we provide a lifeline, enabling businesses like this transportation company to focus on delivering essential services rather than worrying about cash flow.”

mFactor™: Fueling Growth Through Tailored Solutions For Massachusetts Based Non-Emergency Medical Transportation Companies

CapFlow’s mFactor™ product is designed to bridge the gap between outstanding invoices and operational needs. By alleviating monetary pressure, business owners in the transportation industry can dedicate their time to scaling their operations, optimizing logistics, and enhancing customer service.

With CapFlow Funding Group’s innovative mFactor™ solutions, non-emergency medical transportation companies can access the financial resources they need. They can operate smoothly, meet service demands, and achieve long-term success. If you’re based in Massachusetts and work in the non-emergency medical transportation industry, factoring can provide the tailored financial solutions you need to succeed. Reach out today—we’re here to help! Visit capflowfunding.com to learn more.

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