We founded ARC Capital in 2007. We wanted to make opportunities for individuals to meet their financial goals through alternative financing options.
At the down turn of the market we recognized the need for alternative loan programs for people who were deserving of loans but who were unable to qualify at the banks. Often times this was due to bad credit from past issues not yet cleared from their report. Other times people had the financial means to repay their loan but had property issues that the bank disqualified them for. There were also those too who had one to many loans for the banks to want to take a risk on lending them any more money.
As a result we, ARC Capital, also saw the need in the community for alternative loan providers who could lend money fast in a situation where a person couldn’t wait the lengthy amount of time a bank needs to make a decision.