MDS Funding Provides Cash Flow Solutions for Businesses and Healthcare Providers, with a little help from Intelligent Office.

It has been more than ten years now since Michael Moss established MDS Funding and began providing cash flow solutions to his clients. Moss gained deep experience in the cash flow business buying mortgages on the secondary market before being introduced to the concept of accounts receivable financing or so-called “factoring.”

As a factor, Moss purchases invoices from businesses who have sold their product or service to other businesses. When the invoice is paid, MDS Funding takes their discount or fee and forwards the balance on to the initial provider.

“We will take an invoice with a $100,000 face value and, based on the credit worthiness of the client’s customer, we will advance 70-80% of the face value of invoice at the time we purchase the invoice then submit the balance, less our fee, when we receive payment,” explains Moss. “The benefit to our client is they get cash now instead of waiting to get paid 30, 60 or even 90 days later by their customer.”

While current economic conditions have proved perilous for many businesses, MDS Funding has seen a tremendous increase over the past few months.

“Given today’s current economic conditions, where banks aren’t willing or can’t loan to businesses, invoice factoring or accounts receivable funding is possibly the only way businesses can get working capital without creating new debt,” explains Moss.

There is a common disconnect between most companies and their vendors: the vendor wants to get paid as quickly as possible while their client wants to take as long as possible before paying the invoice, basically holding onto cash to improve their cash flow.

Fortunately for both parties, MDS Funding has just introduced a new program that may resolve this issue for everyone. Companies who enroll in Vendor Instay-Pay, or VIP, simply forward their supplier invoices to MDS Funding upon receipt and MDS Funding makes payment within 48 hours. The participant then makes payment to MDS Funding at a later, pre-negotiated date.

“With VIP our clients improve their relationships with vendors by paying early yet they get to hang onto their cash longer to improve overall cash flow,” explains Michael Moss, President of MDS Funding. “It is a win-win situation in that they don’t have to pay any earlier than they normally would and in many cases are simply taking advantage of early payment discounts to fund our service.”

Vendor Instay-Pay is just one of many services provided by MDS Funding, a local provider of working capital and cash flow solutions for small and mid-size businesses and healthcare providers.

In addition to factoring and Vendor Insta-Pay, MDS Funding offers additional services to help clients improve cash flow including purchase order funding and equipment leasing.

Moss has made membership in Intelligent Office family a part of his business strategy since 2006.

“At the time I was first introduced to Intelligent Office, I was looking to outource the answering of my incoming calls to a professional service, change to a prestigious address for my mail, and have access to meeting space” explains Moss. “Research showed that Intelligent Office provided a cost-effective way to take care of all three requirements.”

For more information, contact Michael directly at 770-353-3265 or mmoss@mdsfunding.com.