American Research Capital, LLC (ARC) provides structured lending to companies performing work under grants and contracts sponsored by governmental payers. ARC helps companies “bridge the gap” between expenditure on research activities and collection of the reimbursement from the payer. Innovative and entrepreneurial companies don’t have access to working capital financing. Banks, when they will lend at all, require personal guarantees from the company’s owners and executives. ARC delivers a working capital credit line for reimbursable expenditures designed to fit the needs of research operations.