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FastPay Links With Advantage Software

Los Angeles-based FastPay, which provides receivables financing to help online publishers and media receive faster payment on their ad inventory, says it has linked up with Advantage Software, an agency management systems provider, in an alliance. According to the companies, the deal will help Advantage offer up B2B payments via virtual card, ACH, portal, secure fax, and checks. Financial details of the link between the companies were not announced. FastPay is led by founder and CEO Jed Simon. The company's technology platform helps online publishers and others cut down the delays usually incurred in the online advertising cycle, which often stretch out to 60 days.