LIEN and loan factoring
This is a unique option only Bill Sum offers. Occasionally a medical provider will treat on an inflated lien amount anticipating payment at the settlement of a claim. However, as a claim drags on a provider may want to cash out of their lien agreement. Bill Sum steps in and will attempt to purchase that lien for pennies on the dollar. After acquiring the lien or medical loan at a reduced amount we pass that savings on you you. Our fee for these services is the purchase cost of the lien or loan, and then 40% of the savings realized due to the purchase.