Internet marketing company achieves debt-free growth with a $6M factoring line

AR Funding is proud to welcome this business services company as one of its newest clients.

AT A GLANCE

Industry: Business services
Location: MA
Company size: ~$10 million annual revenue
Reason for applying: Grow without debt
Cash available through factoring: $6M

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PROBLEM: Tax bill siphons off working capital

Founded in 2001, this marketing company honed its craft during the early days of the internet. After a change of ownership in 2022, it evolved into an online marketing specialist that helps clients attract customers to their websites through multiple digital channels, including browsers, publisher sites, and keyboard apps.  

Demand for its services continues to grow, but the combination of an outstanding tax bill and lengthy payment terms meant the company didn’t have enough capital to fund various expansion projects.

SOLUTION: $6 million factoring credit line

The owner had managed to keep the company debt free and preferred not to take on debt, so his accountant suggested invoice factoring as a debt-free financing option and referred him to AR Funding. 

We were pleased to be able to offer the business a $6 million factoring line based on the creditworthiness of its top customers. Now the company can access the working capital needed to invest in growth initiatives. 

This happy client received financing with help from Crawford Reeves, Regional VP, Southeast Region. Find out how much cash your company can access through invoice factoring. Talk to us.