A/R Funding Celebrates 20 Years
Founded in December 1996 by Brian K. Holden, Associated Receivables Funding, Inc. (A/R Funding) was established to solve cash flow needs of small- to medium-sized companies in various industries. In the 1990’s, A/R Funding concentrated predominantly in the southeast region of the United States. After approximately a year in business, Holden engaged a partner, Jack Shaw, who is not active in the day-to-day business, but has been contributing to the growth of the company.
In 2000 the decision was made to hire Gordon Farr, Executive Vice President of Business Development, and assign him the task of growing the business across the United States. Farr, with a banking background, began marketing A/R Funding nationwide, and later added regional sales representatives throughout the country. It didn’t take long before A/R Funding had two additional Executive Vice Presidents, Kevin Gilbert (Operations), and Heather Jordan (New Accounts).
The success of A/R Funding has been a true team effort. Seven Regional Vice Presidents are charged with developing new business and growing the company. Fifteen employees in the back office work with clients to fund their accounts receivables, manage credit, and oversee the aging of our clients’ accounts receivables. Rita Gant was the first employee hired by A/R Funding in June of 1997, and she continues to work as an Account Manager in our home office. The newest employee has been with the company 10 years, which speaks to the quality of the work environment, as well as the high level of experience across the entire team.
A/R Funding is a leader in the industry and knows how critical working capital and accounts receivable management is to the millions of businesses across the United States. We create win-win relationships with our clients throughout the United States, helping entrepreneurs start businesses, helping existing businesses keep their doors open during economic downturns, and helping executives grow their companies to levels that improve their incomes and their company’s value. Our biggest reward is taking a “non-bankable” business and making it “bankable” again. It has been a real honor assisting hundreds of businesses secure traditional banking relationships over the last 20 years.