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Alleon Healthcare Capital Invoice Factoring Review
Alleon Healthcare Capital is a company that specializes in invoice factoring for the healthcare industry. They are based in Englewood, NJ, and have one of the widest funding ranges out of the companies we looked at, $10k- $10 million.
One of Alleon Healthcare Capital’s strongest advantages is they will frequently provide funding on factored invoices within 24 hours. This speed of deposit can really help protect the revenue stream of your business, and ensures you have the capital you need to complete projects and grow.
Alleon Healthcare Capital has the added benefit of the fact that they have a large range of funding which makes them appealing to many different healthcare companies. Most factoring services tend to focus on the lower or higher ranges of funding, so a company that does both is rate, and shows the flexibility that Alleon can offer.
Finally, they operate a very easy to use website, which lets customers know the important information they’re looking for when researching factoring companies. Our research equates this with a higher level of customer service.
However, there are some issues with Alleon Healthcare Capital. The first is they have a number of complaints regarding their customer service. Some customers complained of an inability to get response to inquiries, and others found the sales staff lacking in knoweldge.
Alleon Healthcare Capital also loses points because they lack the information that businesses interested in factoring need to be able to compare their services to their competitors. As a result, we don’t have the information we need to do a fair apples apples comparison, costing them points in our review.
Finally, their fees are more than you would expect from an invoice factoring company, and that may be a deterrent for many small businesses. Moreover, fees usually indicate that there might be other issues with pricing transparency or customer service.
Alleon Healthcare Capital is a good choice for customers in the healthcare industry that bill third party insurance providers. However their lack of clear rates or fees prevents us from recommending them as one of the best invoice factoring companies we looked at.