According to the U.S. Census bureau inflation adjusted median household income has dropped to the lowest level since 1995 as illustrated in the chart to the left.
Several economists stated today that that all the gains in household income over the past decade where artificially caused by a easy access to debt that fueled the economy mostly on the backs of surging home prices. All the gains of the past 15 years have now been erased and we are left with the highest poverty rates since 1993 and full time employed men earning the same in inflation adjusted dollars as they did in 1975.
Given the continued economic stagnation businesses need to look to non traditional sources of funding to meet their working capital needs. Invoice discounting company Fast A/R Funding was founded during the recent recession by a group of entrepreneurs who knew that given the lack of traditional funding sources, American small business people were going to need additional funding sources.
Fast A/R Funding provides the working capital small business needs through a process called invoice discounting. If you own a business with between $250,000 and $5,000,000 a year in annual revenue, do business with other companies and need cash to fulfill orders, make payroll or expand we can help.
- Its free to apply
- Fees are variable based on volume
- Funding decisions are based on your customers credit
