How a healthcare staffing agency fixed its 84-day cash gap with a $2M factoring line.

Sonoran placed travel nurses, respiratory therapists, and CNAs into 11 hospital systems across Arizona and New Mexico. Hospitals paid net-60 to net-90. Sonoran's nurses, by contract and by ethics, were paid weekly.

On a $2.4M annualized run rate, Tasha was carrying roughly $480,000 in receivables at any given time. She'd already maxed a $250K personal credit line and was floating payroll on a corporate AmEx. Her largest client had just offered her a 24-bed contract — she'd have to turn it down without working capital.

Her broker submitted Sonoran to a healthcare-specialized factoring lender on the XFundingIntel network. The lender already understood hospital payment cycles and didn't blink at net-90 terms.

An A/R audit was completed in three business days. The lender approved an $850K starter facility at 1.8% per 30 days, with a roadmap to scale to $2M as Sonoran's invoiced volume grew.

First advance — 90% of $312K in eligible invoices — wired on Day 8. The facility scaled to the full $2M ceiling inside six months.

Sonoran accepted the 24-bed contract and has since added two more hospital systems. Contractor headcount grew from 41 to 89 nurses on assignment.

Tasha repaid her personal credit line in full inside 90 days and has not personally floated a payroll since. The agency is on a $7.8M trailing twelve-month run rate.