Fast A/R Funding is a factoring company with a focus on small business.
We built our factoring company with the understanding that the small business community, now more than ever, was under served when it came to stable, user friendly financing.
If you sell to other businesses and have at least $20,000 in monthly revenue we can have you up and running with a new factoring facility in as little as 48 hours.
We had a situation last week that I thought was important to share as a case study of what our factoring company can do.
I was contacted Wednesday night by a gentlemen in Wisconsin who had a growing business. He had a $40,000 invoice that was not being paid because of issues that were beyond his control. Because his business was growing quickly, he would have a hard time making his payroll Friday (40 hours later), unless he could access his "capial trapped in that invoice".
In less than 48 hours we were able to complete our due diligence, sign contracts electronically and get him the money he needed. Getting it done for him was the best part of my week. I felt like we were really able to help someone. This is the best part of my job.
I would like to say that we were able to get this done so quickly because we are smarter and better at what we do then the rest of the factoring community, but the truth is I can only give credit to our unique software platform. I will take a little credit because I helped design the software system, but without our unique system there is no way we could get this done in time to help any new client.
Our system is paperless. We have a 2 stage, completely electronic application that allows us to move quickly through our underwriting and verification process.
To learn more about how our electronic factoring company might be able to help your small business click the link below.