There are several ways to finance the growth of your business.  When borrowing from a bank is not an option (due to limited operating history, negative cash flow, or poor credit history) most people only tend to think of selling a piece of their company to outside investors (friends and family or venture capitalists).  Selling a piece of a company (selling equity) brings a whole host of often complex issues that some entrepreneurs don't focus on at the time, because they are purely looking for the cash needed to survive and grow.  These adverse issues can include having new Board members, a responsibility to new shareholders (fiduciary responsibility), and new individuals to consult on various operational or decision-making processes. 

BEFORE AN ENTREPRENUER DECIDES TO SELL EQUITY, HE OR SHE SHOULD CONSIDER ONLINE FACTORING!  Invoice factoring is a process of using a companies accounts receivable to access near term cash that can allow a company to grow.  To see some basics facts on how invoice factoring transactions work, please check out our FAQ. The bottom line is that by using factoring, the entrepreneur and management team does not have to answer to new shareholders and can use the cash they way they desire to sustain or grow their business.

So, what's the difference between Online Factoring and Traditional Factoring?  TECHNOLOGY!!  Why was the movie Star Wars so cool when it came out in the 1970s?  The story was great BUT they used technology to completely wow us in the theaters.  Traditional Factoring has been around for a long time and helped many companies.  Here at Fast A/R Funding, we built our whole online factoring platform by leveraging the advances in technology in order to make our system able to "jump to hyperspace"!  By being 100% paperless, this means incredibly fast initial approvals, easy ongoing fundings, and reliable customer service for our clients...items that are critical and important to entrepreneurs like you!

Now that you're ready to consider Online Factoring, you're a finance Jedi in training...  As the wise Obi-Wan says...

For more information about invoice factoring, take a look at our Factoring 101 Guide by clicking the button below.  Or, you can call us for a free consultation at 888-833-2286.