Finding An Online Accounts Receivable Factoring Company

Small businesses throughout the United States are moving away from traditional small business loans and opting for accounts receivable factoring services. These services, also referred to commonly as “invoice factoring services” or simply “factoring services,” were once considered a short-term financing option for troubled businesses. That is no longer the case. Today’s accounts receivable factoring companies provide ongoing invoice factoring services to companies in nearly every industry as a long-term method of small business financing.

In particular, today’s small businesses are turning to online accounts receivable factoring companies, such as Fast A/R Funding, a California-based online factoring company, for their financing needs. Traditional small business loans remain out of reach for most entrepreneurs due to stringent personal and business credit requirements and the need for substantial collateral. Accounts receivable factoring services are not restrictive in this way. According to Fast A/R Funding’s website, www.fastarfunding.com, “Factoring approvals are based on your customers’ creditworthiness and your invoices’ values, making factoring a fast, accessible method of small business financing.” This makes invoice factoring a much more attainable form of financing than a small business loan.

Additionally, entrepreneurs are using accounts receivable factoring services because they are cost-effective and fast. Fast A/R Funding, for example, offers an online application process and extremely fast funding. According to their website, “Through accounts receivable factoring, Fast A/R Funding purchases companies’ invoices for up to 95% of their face value, typically providing funding in about 48 hours. Then we help collect on those invoices, manage your accounts receivable, and limit your credit risk while you focus on your business.”

While new small business loans create debt and are laden with fees and service charges, accounts receivable factoring companies provide affordable small business financing solutions. As well, invoice factoring companies are able to offer incentives that banks cannot. For instance, Fast A/R Funding offers its new clients free account set up with no upfront costs, no minimum charges, and no line fees, legal fees, or documentation fees.

For more information on accounts receivable factoring services, visit www.fastarfunding.com.

Fast A/R Funding is the industry leader for accounts receivable factoring. Having financed over $10 billion in invoices, our management has the experience to help you succeed. With independent funding sources, Fast A/R Funding is not dependent on potentially unreliable banks. Our proprietary technology exceeds industry standards for speed and reliability, all of which makes Fast A/R Funding the secure, efficient choice for your accounts receivable factoring needs.

fast A/R Funding
23622 Calabasas Road, Suite 110A
Calabasas, CA 91302
info@fastarfunding.com
888-83-Factor
888-833-2286

This release was published on openPR.