For Immediate Release

On Friday May 20th 2011 Fast A/R Funding completed the initial factoring funding of a $3 Million dollar business located in the New York metropolitan area.  

What makes this financing unusual is that Fast A/R Funding was able to complete the initial factoring funding in only 24 hours from when the company first made contact with Fast A/R Funding.  

By developing their own proprietary receivable factoring software Fast A/R Funding is able to process applications quickly and efficiently.

Fast A/R Funding made a considerable investment in software development with the goal of creating a completly online environement for small businessess to sell their receivables.  By electronically integrating its system with identify verification, credit, and legal service providers Fast A/R Funding is able to establish new client accounts faster and cheaper than its competition.  

Fast A/R Funding was contacted by the client on Thursday with an urgent need for financing to meet its payroll obligations on Friday. Because of its technology we were able say that if the client was committed to establishing a new account in 24 hours there is no reason we couldnt make it happen.  

The end result was that the company was able to meet its payroll obligations and continue growing without the worry of working capital issues.  

Fast A/R Funding's technology allows it to provide new accounts with no start up fees and no long term contracts at rates typically reserviced for much larger companies.  

Fast A/R Funding offers factoring funding to clients across United States. 

For more information on the unique receivable loan program please click the button below.