Velocity Medical Receivables Solutions
Financial ServicesVirginia, United States51-200 Employees
Velocity Medical Receivables Solutions concentrates on purchasing medical lien receivables tied to personal injury cases. The practice is narrowly focused on converting these liens into immediate cash to address cash flow tied up in estimated 1- to 3-year receipts. Based in Richmond, Virginia, the company highlights extensive experience in this niche and maintains significant capital to fund purchases quickly. Its clients include medical providers facing cash flow pressures from delayed or uncertain lien settlements, with portfolios ranging from small to large. By acquiring these receivables, Velocity aims to reduce overhead associated with tracking and collecting liens and to lower the risk that cases are never paid or settle slowly, while preserving relationships with the involved attorneys.