PRN Funding is an independent, Cleveland, Ohio-based specialty financial services company. Established in 2000, the company provides credit to vendors who sell goods or provide services to healthcare facilities or providers. The PRN client base consists of medical staffing agencies, private duty home care agencies, medical transcription services, medical billing and medical coding companies and medical supply companies.
PRN structures invoice financing deals for small and mid-sized U.S. companies. The company advances up to 80 percent of the face value of eligible invoices. New account reviews can typically be completed within 5 days. When the review is satisfactory and complete, funding can begin immediately.