Small business owners throughout the U.S. are seeing signs of life for their companies as customer demands slowly increase. While this is good news for the economy overall, for many entrepreneurs, the economic recovery is exceedingly frustrating because they lack the small business financing to meet growing demand.

CNNMoney.com reports that small business owners are seeking financing but simply cannot access traditional small business loans or the Small Business Administration’s ARC loans. ARC (short for “America’s Recovery Capital”) aims to provide interest-free loans to small businesses, but has unfortunately proven to be cumbersome, extremely limited in scope, and laden with difficult qualification requirements. Says SBA assistant administrator for communications Jonathan Swain, “The way I would characterize it is that it is one tool in the tool box. It is a very small loan program for a very targeted, very specific situation, as a result of the economy."

This type of answer is extremely frustrating to American entrepreneurs who are eager to move forward and grow their businesses as the economic recovery progresses. A CNNMoney article reports, “Business owners really bring out the pitchforks when they consider the speed with which billions of dollars were distributed to large Wall Street firms and banks.”  The article goes on to quote Tom Blakeman, president of Denver-based small business advisory firm Team Nimbus West, on this issue: “(The ARC loan program) was supposed to be able to be something for business owners in distress, but business owners in distress aren't going to be able to touch this loan.”

With ARC inaccessible to the majority of America’s millions of small businesses and traditional small business loans still equally hard to obtain, many entrepreneurs are turning to factoring facilities and finding that not only are commercial finance factoring facilities available, they’re actually a more affordable, reliable option for small businesses.

Fast A/R Funding provides small business financing solutions through accounts receivable factoring services (sometimes called “invoice factoring services”). We are able to provide better services for our clients than traditional lending sources such as large banks or local lending institutions:

· Easy qualifications: At Fast A/R Funding, we provide small accounts receivable loan to companies with annual sales between $500,000 and $5,000,000, selling to creditworthy U.S. businesses. Approvals are based on your customers’ creditworthiness and your invoices’ value, not your personal or business credit or assets, making it easy to qualify for invoice factoring services.

· Fast approvals: Our online, paperless, secure application process takes only minutes, and we typically provide approvals within 24 hours.

· Immediate funding: At Fast A/R Funding, we know you need fast access to working capital. We can provide funding within 48 hours. Plus, those funds are immediately available because we provide payments via bank wire transfer instead of paper checks.

· Reliable funding sources: Fast A/R Funding is not dependent on banks or any kind of “Wall Street” scheme. We are privately funded by a group of highly successful entrepreneurs who know that the more successful our clients are, the more successful Fast A/R Funding will be. That means our funding is reliable, and we always put our clients’ needs first.

In addition, whereas small business loans and ARC loans provide only funding and create debt, Fast A/R Funding provides its accounts receivable factoring clients with more than funding and can actually improve companies’ credit:

· Accounts receivable management: Fast A/R Funding helps manage your accounts receivable and collect on your invoices. This dramatically reduces your in-house accounts receivable costs because you are essentially “outsourcing” those tasks.

· Electronic invoicing: We keep costs down and provide environmentally responsible services by using electronic invoicing systems not available to smaller companies. This eliminates your printing and mailing costs as we handle all of that electronically.

· Money-saving screening tools: Most small businesses run credit checks before extending credit to customers. Fast A/R Funding has access to more sophisticated screening tools, allowing us to help you make more informed decisions about when to extend credit and when to work on a cash basis.

Although ARC loans and traditional small business loans are out of reach for the majority of America’s small businesses, many entrepreneurs are breathing a sigh of relief as they realize accounts receivable factoring services are a superior, accessible option. For more information on how Fast A/R Funding can help your business through invoice factoring services, visit www.fastarfunding.com, email us at info@fastarfunding.com, or call 1.888.833.2286 today for a free consultation.

Disclaimer: The information presented above is general and intended for educational purposes only. It is not a substitute for practical legal or accounting advice on any specific situation.