Unlike bank lines that can tie up all of your assets, factoring involves only your third party medical claims • No collateral other than accounts receivables • No financial guarantees • Unlimited amount of dollars

Factoring provides working capital without adding debt to your balance sheet. There is no predetermined maximum limit. This working capital arrangement is not limited in amount as many bank products are nor is it subject to banking "regulations."

Surveys of physicians have identified following immediate needs:

The creation of solid dependable cash flow

Decrease in reimbursement interval between time service is provided and payment is received

Increase in overall percentage of claims collected

Reduction in administrative costs

Ready availability of cash for new equipment, expansion of office space, addition of new partners, and practice marketing

This “wish list” would be complete if access to this working capital could be created debt-free. The physician practice would then have financial freedom to focus on business growth and patient satisfaction, instead of focusing on how to meet next payroll or malpractice premium payment. Is such a solution possible? Fortunately, answer is YES!

Basically, I wrote letters to collection agencies requesting proof that accounts were mine. 89% of time they had no proof that bad accounts belonged to me. So I was able to get them deleted from my credit file.

Step #2: I opened new accounts with high credit limits and kept balances low.

I discovered that if you keep your available credit limits high and only use 10% to 30% of credit you have available, your credit score will improve dramatically.

Step #3: Next, I added accounts with years of perfect payment history to my credit file. This step took my credit score from 647 to 762.

While you can certainly add seasoned accounts to your credit file for free, there are companies that claim they can do it for a fee.

The problem is, they charge between $2,000 and $2,500 per account. If you want a 700+ credit score you’ll need 3 to 4 of these accounts. That equates to a cost of $6,000 to $10,000.

(You can conduct a search on your favorite search engine for companies that offer this service.)

While there are several highly effective steps you can take to increase your credit scores by as much as 200 points, these are main ones…And here’s good news: Each step can be completed in less than 30 days.

By Hartley W. Pinn, Jr, CEO, AtBalanceCreditRepair.com Revealing the insider credit secrets you can use to increase your credit scores by up to 200 Points.