Working Resources Solutions With Factoring For Healthcare Professionals}

Submitted by: Wesley Hentz

Suitable Candidates for Accounts Receivable Factoring for Medical professionals:

Any type of company that provides a services or product to other creditworthy companies and is constrained by their daily capital scenario.

Does your business need:

1 Money to Cover Payroll?

2 Working Capital to Fuel Development?

3 Help with Capital Issues?

4 Assistance due to Bank Turn Downs or refusal to prolong present lines?

5 New Equipment to Grow?

Exactly what is factoring for Medical professionals?

In a conventional factoring for Physicians plan, a company really sells its receivables to another business (a “factor”) at a price cut. After the sale, the receivables equilibriums are continued the aspect’s annual report because title has passed. Since the aspect then owns the receivables, it generally provides all the needed credit, accountancy as well as collection solutions required to gather the receivables, consisting of presumption of the supreme loss exposure from the client debtor. The crucial difference between factoring for Medical professionals and also asset-based borrowing is ownership. In factoring for Doctors, the receivables are bought as well as had by the factor. In asset-based financing plans, balance dues are promised to the loan provider as safety and security for the financing, but the debtor retains ownership as well as complete command of the receivables and the worth of the receivables stays on the customer’s monetary statement.

Keeping the capital is an obstacle for all companies. Does your company face capital difficulties due to slow-moving paying consumers? Have you been required to decrease brand-new possibilities due to capital concerns?

The solutions may be Accounts Receivable Funding provided through Diversified Financing Solutions, Inc. Accounts Receivable Funding is quickly becoming a prominent choice for its versatility and also rapid treatment of required funding.

Why Accounts Receivable Funding is a Popular Choice in Today’s Commercial Globe

Accounts Receivable Financing or “factoring for Physicians” has been in existence for numerous years. Today, practically any-sized commercial that extends credit history to other businesses for solutions or items could take pleasure in the numerous benefits of Accounts Receivable Financing.

Simply specified, Balance due Financing is the exchange of creditworthy industrial accounts receivable for a prompt injection of functioning resources. When an invoice is produced, it might be purchased with a breakthrough of anywhere between 75 to 90 % of the net billing quantity. When your client pays the invoice, you will certainly obtain the reserve portion minus a nominal servicing cost.

Why Accounts Receivable Funding Makes Financial Feeling

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Accounts Receivable Funding supplies several Advantages:

a) Preliminary funding is usually available between 5-7 commercial days upon invoice of completed official arrangements, then all future developments are moneyed within 24 hours.

) Accounts Receivable Financing does not develop a monetary obligation on your company’s balance sheet as well as typically not one other security (outside of the receivables) is necessaried.

c) The quantity of funding readily available to you is only limited by the credit reliability of your clients.

d) Accounts Receivable Financing focus on the creditworthiness of your customers instead of your economic past.

e) Accounts Receivable Financing permits quick accessibility to functioning funding, as opposed to waiting 30, 60 or 90 days to obtain payment from your customers, money is instantly readily available on need.

Accounts Receivable Financing Programs have actually been “normally” created by applying the following requirements in mind.

a) Your business has to be supplying a service or product to other credit worthwhile commercials (no customer sales).

) Your firm must be offering on terms.

c) Your business need to be billing behind (no pre-billing).

d) Your company have to have minimal month-to-month sales of at least $10,000 or annual sales of $120,000.

e) Your business is not needed to be in business for any sort of length of time.

f) Your firm needs to have the ability to create financial records (A/R as well as A/P aging reports, etc.).

g) Your business may have present and/or historical losses or a shortage net worth position.

Ideal Candidates.

1 Startups.

2 Companies suffering monetary problems.

3 Solution Firms.

4 Companies with seasonal orders.

5 Mature business seeking cash flow support.

6 Companies seeking credit assistance.

7 Commercials experiencing swift growth.

8 Non-bankable commercials.

An example of the application procedure:.

1. Complete the application.

2. Give your most current and also comprehensive accounts receivable aging record.

3. Supply your most detailed and also current accounts payable growing old guide.

4. Supply a real sample billing.

5. Offer a duplicate of your Articles of Incorporation/d. b.a. declaring.

6. Provide a duplicate of your client listing.

7. Some factoring for Medical professionals companies use monetary statements, others do not.

Preferred Industries.

1 Solution.

2 Temporary Staffing.

3 Safety companies.

4 Production.

5 Transportation.

6 Textile/Apparel.

7 Computer system Consulting.

8 Circulation Firms.

9 Laser printers.

10 Sub-Contractors.

11 All various other Industries.

Any sort of business that supplies a business-to-business services or product to an additional credit report deserving business!

Thanks for checking out!

In a traditional factoring for Doctors plan, a firm really markets its receivables to an additional firm (a “element”) at a discount rate. Because the aspect after that possesses the receivables, it typically gives all the used collection, accounting and credit history solutions required to gather the receivables, including assumption of the ultimate loss exposure from the client debtor. In asset-based financing plans, accounts receivable are pledged to the lending institution as security for the loan, but the customer retains possession and also complete control of the receivables and also the value of the receivables continues to be on the debtor’s monetary declaration.

The solutions might be Accounts Receivable Financing gave via Diversified Financing Solutions, Inc. Simply mentioned, Account Receivable Funding is the exchange of creditworthy commercial accounts receivable for an immediate shot of working funding.

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Wikinews Shorts: December 20, 2008

A compilation of brief news reports for Saturday, December 20, 2008.

The United States government has announced that it will give US$17.4 billion in loans to help three of the nation’s automobile makers – Chrysler, General Motors, and Ford – avoid bankruptcy.

The money will be taken from the $700 billion bailout package originally intended to rescue US banks. General Motors will get $9.4 billion and Chrysler $4 billion before next year. Ford stated that it wants to get by without government aid.

President George Bush said that it would not be “a responsible course of action” to allow the companies to collapse.


  • “Bush unveils $17.4bn car bail-out” — BBC News, December 19, 2008
  • “U.S. Throws Lifeline to Detroit” —, December 20, 2008

Telephone and Internet communications between Asia and Europe have been disrupted after some submarine cables were severed.

The cables FLAG FEA, SMW4 and SMW3 near Alexandria, Egypt, were damaged, and the GO cable 130 kilometres off the coast of Sicily has also been reported as broken. France Telecom will repair the damage, and the company announced that it was dispatching a ship to repair the line between Egypt and Italy.

Experts warn that it could be several days before the problems are fixed.


  • “Severed cable disrupts web access” — BBC News, December 19, 2008
  • “New undersea cable cuts lead to Internet outages” — ars technica, December 20, 2008

Yann Elies, a French yachtsman participating in the Vendee Globe round-the-world solo yacht race, was rescued on Saturday by the Australian navy after the former was paralysed by a wave that struck his boat in the Southern Ocean.

Elies broke his left thighbone and perhaps several ribs after the wave slammed into his boat 200 kilometres southwest of Perth.

The Australian frigate dispatched the HMAS Arunta to rescue Elies. The ship left Fremantle early on Friday morning and reached Elies by evening.


  • “Injured yachtsman rescued by navy” — BBC News, December 20, 2008
  • “Navy reaches stricken solo sailor Yann Elies” —, December 20, 2008

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Germany gives 16.7 million euro loan to Albania to improve its water supply

Friday, May 6, 2005

Germany will lend Albania 16.7 million (USD21.5 million) as part of a loan in order to help the country improve its water supply networks in two southeastern towns, Pogradec and Korca. The deal was signed last Tuesday between the Albanian Finance Ministry and Germany’s government-owned KfW Bank.

Germany has been one of the most significant donors to Albania since the fall of Communism. In total, it has contributed more than €326 million to the country’s development, while investing €135 million in its water supply and urban canals. 80% of this has been given through grants.

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Filing Chapter 7 Bankruptcy In Portland


By filing chapter 7 bankruptcy in Portland, you are liquidating your properties and assets to fulfill your financial obligations to your creditors. This form of bankruptcy requires that the judge assign a trustee to oversee all sales of these items and distribute the funds to your creditors to pay off your debts. In some cases, it is possible for the judge to discharge some debts based on their balance and type. To discuss these matters completely with an attorney, contact the Law Office of Horak and Boyd.

Saving Your Company

Bankruptcy is a method of protecting your company from litigation by your creditors. Once the debts are included within a bankruptcy claim, your creditors cannot file a lawsuit against your company in an attempt to collect. It also prevents foreclosures on business properties and assets. Through bankruptcy, you can protect properties such as your home and personal vehicle and prevent seizure or foreclosure. Some debts are discharged through bankruptcy based on their balance and the type of debt.

Local Bankruptcy Attorney

Horak and Boyd Attorneys at Law present you with several forms of bankruptcy as well as assistance with estate planning and personal injury claims. These attorneys provide you with the claim’s process to ensure that you have a chance to amicably settle your financial obligation without adverse legal actions against your company. Through bankruptcy you can liquidate assets and properties associated with your company to pay off all debts and become debt free. To hire an attorney to file a bankruptcy claim, contact Horak and Boyd Attorneys at Law today or visit their website at


With chapter 7 bankruptcy in Portland you will liquidate properties and assets to generate funds. These funds are utilized to pay off your debts and managed by a trustee assigned by the court to your case. Your trustee reports back to the court as your debts are paid off in full. Once all debts are paid, your bankruptcy claim is discharged and any restrictions that applied to the operations of your company are lifted. To discuss Chapter 7 bankruptcy with an attorney call Horak and Boyd Attorneys at Law.

Somali pirates release Greek ship, 19 sailors

Wednesday, December 10, 2008

According to East African Seafarers’ Assistance Programme Kenyan chapter head, Andrew Mwangura, the Greek freighter MV Captain Stephanos and all its 19 crew, consisting of 17 Filipinos, one Chinese and a Ukrainian, had been released late Monday, after 78 days in captivity. It was unclear, however, if any ransom was paid. The Philippine Department of Foreign Affairs said that “there are [still] 91 Filipino seafarers on board six ships still with Somali pirates.”

Somali pirates seized the Bahamas-flagged vessel on September 21 near the Horn of Africa, as the bulk carrier, was cruising in the Gulf of Aden en route and transporting coal to Europe. The captors locked the crew inside the vessel and they were not fed well. The vessel is now headed to Italy and will sail from there to Greece, to meet the ship owners.

Reuters reported that “a surge in attacks at sea this year in the busy Gulf of Aden and Indian Ocean off Somalia has pushed up insurance costs, brought the gangs tens of millions of dollars in ransoms, and prompted foreign warships to rush to the area.”

How should piracy be dealt with in the Gulf of Aden?
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Wikipedia founder embroiled in affair and financial allegations

Wednesday, March 5, 2008

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

The implosion of a relationship between Wikipedia founder Jimmy Wales and journalist Rachel Marsden has resulted in controversy and international headlines. Associated Press and ABC News have also reported on questionable activity by Wales involving Wikimedia Foundation expenses. The Wikimedia Foundation is a donor-supported non-profit organization which runs Wikipedia.

Marsden had contacted Wales two years ago about concerns she had over the article about her on Wikipedia, and Wales determined the article was not compliant with Wikipedia’s standards. The tech blog Valleywag revealed Wales had a personal relationship with Marsden, and posted supposed transcripts of their instant message conversations on its site, Wales and Marsden met in February, and The Times reported that “An apparent transcript of their conversations before that meeting suggests that, although Mr Wales had withdrawn from the editing process, he was still influencing the editors.” The Times quoted Wales from the chat logs as having stated to Marsden “The truth is of course a much worse conflict of interest than that; but that will do.” — in reference to his conflict of interest regarding Marsden’s article on Wikipedia.

Wales posted a public statement on Saturday on Wikipedia addressing the matter, and stated that his relationship with Marsden was over: “First, while I find it hard to imagine that anyone really cares about my sex life, the facts are: I am separated from my wife. I considered myself single at the time of my one meeting with Rachel Marsden on Feb. 9, 2008 … I am no longer involved with Rachel Marsden. Gossipy stories suggesting that I have been in a relationship with her ‘since last fall’ are completely false … I care deeply about the integrity of Wikipedia, and take very seriously my responsibilities as a member of the board and as a member of the Wikipedia community. I would never knowingly do anything to compromise that trust.” With regard to the conflict of interest in Marsden’s article, Wales had acknowledged to a team of Wikipedia editors in February 2008 that he and Marsden “became friends … and that we would be meeting about that,” and stated “I recused myself from any further official action with respect to her biography.”

On Sunday, The Canadian Press reported that Marsden had posted photos of herself on Ebay, and was selling items that Wales had left at her New York City apartment. In her Ebay posting, Marsden stated: “Hi, my name is Rachel and my (now ex-) boyfriend, Wikipedia founder Jimmy Wales, just broke up with me via an announcement on Wikipedia … It was such a classy move that I was inspired to do something equally classy myself, so I’m selling a couple of items of clothing he left behind, here in my NYC apartment, on eBay. Jimbo was supposed to come visit me in a couple of weeks and pick up some of his stuff, but obviously that won’t be happening now.” Marsden told The Canadian Press “It didn’t really help matters that Jimmy chose to announce the breakup to the entire world via Wikipedia (which apparently now is an online encyclopedia that doubles as a personal soapbox?) rather than to me directly (which he did much later, in an instant message discussion).”

I care deeply about the integrity of Wikipedia, and take very seriously my responsibilities as a member of the board and as a member of the Wikipedia community. I would never knowingly do anything to compromise that trust.

Marsden placed a t-shirt and sweater which she said were left at her apartment by Wales up on Ebay, and started the bidding for each at ninety-nine cents, with the auctions set to end on March 12. By Monday, bidding on the t-shirt had reached US$300, and by Tuesday the highest bid had reached $12,200. In an email to The Globe and Mail, Marsden stated “My only focus right now, to be really honest, is on my career and finding a way to get back into print, TV, or radio here in NYC,” she wrote. “All of this other personal stuff is just an unfortunate distraction.”

Jay Walsh, the Wikimedia Foundation’s head of communications, told the San Jose Mercury News that Wales’ actions in relaying Marsden’s concerns about her Wikipedia article to a team of trusted editors was within his “routine” role. When asked by the San Jose Mercury News if Wales’ actions regarding the Marsden article could compromise his role with the Wikimedia Foundation and Wikipedia, Walsh responded “No, absolutely not.”

On Tuesday, ABC News carried a story by Wired News reporter Megan McCarthy regarding allegations of “excessive spending” by Wales, and Associated Press also reported on questions involving Wikimedia Foundation expenses. McCarthy reported that former Wikimedia executive Danny Wool, who had left the foundation last year, criticized Wales’ use of Wikimedia Foundation expenses in a blog post. Wool stated that Wales had tried to expense $300 bottles of wine, a $1,300 dinner for four at a Florida steakhouse, and visits to Moscow massage parlors to the foundation, and that the foundation rescinded Wales’ corporate credit card in 2006. Wool also stated that Wales paid the foundation $7,000, after being short $30,000 on receipts for expenses.

Wool told EPICENTER that “There were occasions where he used [the Wikimedia Foundation] for personal advancement under the guide [sic] of the mission. And, as someone who was in there for the mission part of it, I found that rather distressful.” Wool commented in an interview with the San Francisco Chronicle: “Originally, it was carelessness … But as things developed, it became more apparent and obvious that he was taking advantage of the foundation credit card. It was almost like his personal piggy bank.”

Jimmy has never used Wikimedia money to subsidize his personal expenditures. Indeed, he has consistently put the foundation’s interests ahead of his own.

In an instant message exchange with Associated Press, Wales denied that the Wikimedia Foundation had taken away his corporate credit card, and asserted that he had made the decision to stop expensing business travel for the foundation. Wales highlighted a statement by the foundation’s executive director Sue Gardner: “Jimmy has never used Wikimedia money to subsidize his personal expenditures. Indeed, he has consistently put the foundation’s interests ahead of his own.” In an email to Associated Press, Brad Patrick, a former attorney for the Wikimedia Foundation, stated “Danny seems interested in blogging his way straight to a lawsuit”.

Florence Devouard, who chairs the Wikimedia Foundation, told Associated Press that Wales had been “slow in submitting receipts,” and that the foundation had rejected Wales’ expense at the Florida steakhouse. Devouard told fellow foundation board members in a private email that she had convinced Associated Press that “the money story was a no story,” and told Wales “I find (it) tiring to see how you are constantly trying to rewrite the past. Get a grip!” Wales told Associated Press: “The board, the current executive director, the previous executive director, and independent auditors have reviewed our books and publicly agree that all of my expenses were appropriate and fully accounted for.”

Media reports speculated on how the controversy would end up being represented in Wikipedia itself. On Wednesday, the St. Petersburg Times wrote: “Wales’ Wikipedia page said only this about Marsden: ‘Wales had a brief relationship with Canadian journalist Rachel Marsden.'” An article in The Australian surmised: “History will decide whether Mr Wales broke his own principles, but before that happens there may well be a Wikipedia page devoted to the controversy.”

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Kenstar Kt 18 Gn Split Ac}

Kenstar KT 18 GN Split AC



STAY COOL AND FEEL GOOD: When it comes to buying an AC one thing that rules the mind is its huge operating cost. But hang on? Your misconception would be melted down with the one of the member of Kenstar family, which holds surprisingly good EER (Energy Efficiency ratio) at a very economical price tag.

DESIGN: It has a similar design like that of any other split AC, but the Anti Corrosion Body gives you another reason to smile by acting as a protective shield for your AC against damage due to dust, humidity or others, thus saving your maintenance cost. Beneath the simple and elegant looks of this AC lies its great engineering work for high end performance.

KEY FEATURES: This AC with 1.5 ton capacity along with rotary compressor works very well and silently for your small offices and bedrooms. The provided remote control not only facilitates convenient operation but is even loaded with lots of features which would add great value to your money invested. Apart from the above features it carries some very outstanding features like the auto restart and timer which works like magic with their presetting, while watching a movie late night or falling asleep without putting it off .It would automatically get switch off on the time set with great stability. It comes along with 1 year warranty.

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CORE INFORMATION: One of the appealing features in an AC is its filters. The incorporated filters in this AC make you feel good by offering clean, cool, healthy and hygienic air .It not only destroys the harmful bacteria and fungus, but also eliminates the irritating odour around like that of tobacco, smoke, or any non vegetarian dish.

PROS: With its EER of 10.43 it proves to be very great power efficient than other available brands like Godrej GSC19G1 or Samsung AS18F3. The filters work very well for small childrens and patients prone to various dust allergies.

CONS: It proves to be slightly on the higher side but the high Power efficiency makes it very ideal for prolong use. It lacks filter changing indicators on its display panel, which would have made it a superstar.

CONCLUSION:Thus this Split AC proves that quality never comes cheap. If you are the one who look forward for an AC with good output yet user friendly to pocket and operation, than this one is an intelligent choice.

Vinnit Alex is a well known author and has written articles on

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Kenstar KT 18 GN Split AC}

CanadaVOTES: NDP candidate Jo-Anne Boulding in Parry Sound—Muskoka

Friday, October 10, 2008

In Wikinews’ attempt to speak with as many candidates as possible during the 2008 Canadian federal election, Wikinews has talked via email with Jo-Anne Boulding. Jo-Anne is a candidate in Ontario’s Parry Sound—Muskoka riding, running under the New Democratic Party (NDP) banner.

The riding’s Conservative incumbent is Tony Clement, Minister of Health and Minister for FedNor. Other candidates in the riding are Liberal Jamie McGarvey, Green Glen Hodgson, and independent David Rowland.

The following is an interview with Ms. Boulding, conducted via email, over a week ago.

She did not respond to two of the main questions: “Previous to this campaign, have you been politically involved? How will you apply your previous work/volunteer/life experience to serving your constituents?” and “What would you say are the three hottest topics this election, in your riding? What would you and your party do to address these issues?” Being unanswered, these questions were edited out of the interview, which otherwise is published as received.

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Hundreds arrested for ‘dark web’ child porn by international task force

Thursday, October 17, 2019

Yesterday, authorities in the United Kingdom and the United States announced that 337 suspected users in 38 countries were arrested following an investigation of a dark web child pornography site. The website was based in South Korea and accepted cryptocurrency as payment. Law enforcement agencies from Germany, South Korea, the United Kingdom and the United States were part of the international task force. The current phase of investigation and arrests began in 2018.

At the center of the case was a website known as “Welcome To Video” and its alleged operator Jong Woo Son from South Korea. According to authorities, the site hosted a quarter million video clips containing sexual abuse of children, including toddlers and infants. The site was said to have begun operations in June 2015. Authorities shuttered and seized the site in March 2018.

Jong Woo Son is already in prison in South Korea, but yesterday the United States Department of Justice unsealed further charges against him. United States Attorney Jessie K. Liu said, “Children around the world are safer because of the actions taken by U.S. and foreign law enforcement to prosecute this case and recover funds for victims […] We will continue to pursue such criminals on and off the darknet in the United States and abroad, to ensure they receive the punishment their terrible crimes deserve.”

Nikki Holland of the UK’s National Crime Agency (NCA) said, “Dark web child sex offenders — some of whom are the very worst offenders — cannot hide from law enforcement. They’re not as cloaked as they think they are, they’re not as safe as they think they are.” It was the NCA’s investigation of Matthew Falder which led to the discovery of the South Korean website.

Jong was arrested in March, 2018, but South Korea’s National Police Agency when announcing the arrest in May, 2018 identified him only as “Mr. A” as the international investigation continued. Some of the site’s users already pleaded guilty or were convicted before yesterday’s announcements. Allegedly, Jong processed ?7300 in membership fees and video purchases. As of this writing, one bitcoin is worth approximately US$8000 or €7000. The site also allegedly made use of Tor, a layered network designed to keep users anonymous.

US authorities claimed the site was the largest child pornography site in the world and that more than twenty active victims were rescued. Listed US states as having members from the site were: Alabama, Arkansas, California, Connecticut, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Nebraska, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Washington and Washington, D.C. They also stated arrests were made in Australia, Brazil, Canada, the Czech Republic, Germany, Ireland, Saudi Arabia, South Korea, Spain, the United Arab Emirates and the United Kingdom.

Despite the lengthy lists provided, neither US nor British authorities delivered a complete list of the 38 countries they said were involved.

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New Ghanaian currency introduced

Tuesday, July 3, 2007

New currency notes are being introduced in Ghana today. The new currency, to be called the Ghanaian cedi, replaces the previous cedi which has been in circulation since 17 February, 1967.

The Ghanaian cedi will be exchanged at 10,000 old cedis to one new Ghanaian cedi. The exchange rate against the U.S. dollar starts at GH¢0.92 to one U.S. dollar. The new ISO code for the currency is GHS, and the new symbol, GH¢.

The change, which was originally scheduled by the Bank of Ghana to start on July 1, 2007, will instead start on Tuesday July 3, as the original date is Ghana’s Republic Day.

Monday, July 2, was declared a public holiday as the actual Republic Day fell on a Sunday. July 3, is thus the first day that the currency will be available to the public as banks open to the general public. This is because ATMs were shut down over the weekend so that the currencies could be checked and replaced in all of them nationwide. The old and new currencies will be used concurrently until the end of December 2007, when the old currency will cease to be legal tender.

This is the third Ghanaian cedi to be introduced in the country since 1965.

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