Bay View Funding Blog

In the second part of my interview with Aaron, among other topics, we cover how invoice factoring can help small start-ups with many aspects of their business.

Aaron assured me that Bay View Funding absolutely can help small start-up businesses. He said they do not have a ‘small box’ when it comes to which businesses they can factor. “We can factor for almost any company size or shape, tenured or start-up.” Many of their clients have just begun operations and they may only have one or two customers. We can help that start up business in a variety of ways:

I spoke recently with Aaron Zahedani, Senior Vice President, and Underwriter at Bay View Funding, about Invoice Factoring.  In the first part of a two part blog/interview, Aaron shared his knowledge with me, and his easy way of explaining clearly describes the huge benefits factoring can offer companies with healthy amounts of accounts receivable due to be paid in the future.

I asked Aaron when/why factoring is a good option, and I learned that it is extremely helpful for businesses looking to improve their working capital cash flow, Businesses can also benefit from the experience of a factoring company to collect from their customers and to reduce bad debt.

The Fuel Advance Program can be offered by factoring companies and is often provided in tandem with freight bill factoring.

While freight bill factoring is a great way to receive immediate cash flow for work completed, the fuel advance program allows you to pay for much needed fuel while on the road, prior to completion of work. This is particularly useful if you are a small to medium trucking company with a cash flow shortage.

Invoice factoring is a form of working capital financing for businesses. The simple process provides quick and efficient accounts receivable financing. Rather than waiting for invoices to be paid tomorrow, a factor will purchase them today, giving you instant access to your working capital. 

This useful form of financing is clearly explained on the Bay View Funding website, and in our blog many times, in many different ways, but now we have added a fun and informative video and short process guide just to make the message as clear as possible. 

The collateral is designed to help the many different types of businesses clearly understand the value of accounts receivable financing. Despite the fact that there are a growing number of alternative forms of financing, invoice factoring continues to be the perfect answer to meeting working capital needs if you have a healthy number of accounts receivables waiting to be paid. 

It’s that time again! That holiday we hold so close to our hearts. Mine especially, since I became a US Citizen last year and have not looked back!

4^th of July is a time for BBQ’s, beach parties, fireworks and general family fun. A big celebration of freedom, and all that it represents. We celebrate the adoption of the Declaration of Independence on July 4^th, 1776. But it is good to remember how vital this freedom is to each individual and to our country as a whole.

Does earlier access to your working capital each week, so you can fund payroll, and ensure you pay your staff on time, sound good?

Invoice factoring is a great financial resource for businesses providing services, or delivering products to commercial accounts, in just about any industry.