Do not risk exposing your company’s confidential data to security threats!
There are many articles written about IT security threats. We often choose to believe it will not happen to our business, until something catastrophic does occur, and then it can be too late! The risk of losing confidential data should be a strong enough incentive, but understandably we often trust the systems that are in place, and we assume our data is protected.
Topics: About Invoice Factoring
The month of February will see the employees of invoice factoring company Bay View Funding in a war involving pennies! However, in this ‘war’ everyone wins, with the proceeds going to the American Cancer Society.
The Penny War is becoming an annual tradition at Bay View Funding! This friendly rivalry between office mates is all about raising money for charity. Last year close to $1000 was raised for the American Cancer Society. There are high hopes that the amount raised will increase this year, considering the level of office competition. When they are not busy financing accounts receivables for their customers, employees will be putting their spare pennies to war!
Topics: About Invoice Factoring, Financing Government Contractors
Want to hire and retain the best talent? Examine the hot temporary staffing trends for 2014.
The most significant staffing industry trend is the dramatic increase in the number of people looking for temporary or contract work rather than long-term permanent positions. This is excellent news for temporary staffing agencies, but what is trending when it comes to attracting top talent?
Technology is continuing to play a huge role in this ever-evolving marketplace, from social media outreach, to a current trend in video interviewing. Connecting quickly and efficiently with new recruits is vital if you wish to hire the best. It is so much more than word of mouth, now it is how quickly the word can be spread!
Topics: Payroll Funding for Staffing Companies, About Invoice Factoring, Financing Government Contractors
2013 is coming to a close and it’s time to prepare for 2014. Take a moment to review the key trends in truck fleet management for the upcoming year.
In an extremely informative article, Mike Antich, Editor and Associate Publisher at Truckinginfo.com, shares the top trends in truck fleet management in 2014. Mr. Antich maintains that 2014 and 2015 will be pivotal years for truck fleet management, and fleet efficiencies; he examines trends in the following three areas:
1. Vehicle and Equipment
Lighter-weight equipment specifications in fleet vehicles will lighten the load and continue to help increase fuel economy. Driver comfort, as well as driver safety will be ongoing priorities for vehicle manufacturers, which in turn will encourage a higher rate of driver satisfaction and productivity. In terms of safety, manufacturers are offering enhanced safety features on basic models, thereby increasing safety at all price points.Fleets are obviously impacted by DOT and CSA regulatory compliance, but safety vs. cost needs to be carefully managed. Some fleets are choosing to downsize to smaller GVW vehicles to manage costs while still maintaining safety.
Topics: Trucking Factoring, Financing Government Contractors
“Nearly 17 percent of banking professionals surveyed said most businesses are seeking loans to free capital tied up in receivables, while another 40 percent said most loan applicants are looking to borrow for other working capital needs.” – Forbes.com
For many businesses, there are times in each monthly or quarterly cycle where cash may be flowing at a trickle and a little financial help is needed to make payments; but it is harder and harder to find banks that are prepared to help loosen the faucet through a loan or line of credit unless excellent financial performance and past history can be clearly shown.
Topics: Cash Flow Solution, About Invoice Factoring, Small business loan
For its second year in a row, Bay View Funding participated in the American Cancer Society’s Relay for Life Event, held annually in Mountain View, California. The purpose of the 24 hour fund raising event was to celebrate the lives of those who have battled cancer, and those that are still living with the deadly disease. Participants from around the San Francisco Bay Area attended the event, which included overnight camping, food, games and entertainment for all attendees. The Bay View Funding team assisted the American Cancer Society with collecting in excess of $69k in donations for the fundraiser.
Based out of Santa Clara, California, Bay View Funding is a national provider of accounts receivable factoring services. For questions please contact Jesus McDonald at (650) 645-4852 or jmcdonald@bayviewfunding.com.
Topics: Bay Area Community Involvement, About Invoice Factoring, Financing Government Contractors
