Why are Accounts Receivable Aging Reports So Important?

Posted by Gil Oliva on Mon, Aug 24, 2020 @ 09:30 AM

Image of Accounts receivable report showing invoice balances and payments


In order to structure a workable operating budget for your company, it is necessary to periodically generate an accounts receivable aging report. What is an accounts receivable aging report?

An accounts receivable aging report, simply put, shows the total balances owed by clients and the duration for which their invoices have been outstanding, broken down into categories, such as 30-60 days, 60 to 90 days, 90-120 days, etc.

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Topics: Cash Flow Solution, Factoring Accounts Receivable, Financing Government Contractors

What Resources are Available to help Women in Business?

Posted by Aaron Zahedani on Fri, Aug 07, 2015 @ 08:30 AM

More and more women are entering the workforce in a variety of roles; some are starting their own businesses, while others are looking for support and encouragement as they climb the company ladder. There are many resources, from financial advice to mentoring programs available to help women succeed in business. 

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Topics: Financing Government Contractors, Women owned businesses

How Organized is your Credit Policy?

Posted by Seth Herman on Fri, Jul 17, 2015 @ 08:30 AM

When you are offering any type of credit to your customers, it is important to provide them with your credit and collections policy. This means that they are aware from the outset of financial expectations, and of the penalties should they pay late. 

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Topics: Financing Government Contractors, Cash Flow management

Why Small Businesses are Borrowing Less

Posted by Gil Oliva on Fri, Jul 10, 2015 @ 08:00 AM

Small businesses appear to be more reticent about borrowing money. Since the recession, they do not want to take on too much debt and risk the possibility of losing everything. However, loans are available, with the right help and guidance from the bank or other financial institutions. 

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Topics: About Invoice Factoring, Financing Government Contractors

Trucking Topics – The Changing Face of the Trucking Industry

Posted by Gil Oliva on Wed, Apr 15, 2015 @ 10:43 AM

Demographics are shifting when it comes to trucking. The trucking industry has been working to bring a more diversified group of drivers to the field, and driving schools are beginning to notice a shift. 

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Topics: About Invoice Factoring, Financing Government Contractors, Transportation Factoring

3 Invoice Factoring Questions Answered

Posted by Aaron Zahedani on Fri, Apr 10, 2015 @ 08:00 AM

There are many resources to help explain the process of invoice factoring. Here are our answers to three frequently asked questions. 

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Topics: About Invoice Factoring, Financing Government Contractors, Working Capital

Obtaining Financing – How Bay View Funding Helps

Posted by Gil Oliva on Fri, Apr 03, 2015 @ 08:00 AM

Bay View Funding President, Glen Shu is passionate about helping businesses obtain financing that is otherwise potentially out of their reach.  In a recent informative video, he talks about how the specific services at Bay View Funding work, and how they can benefit those businesses seeking alternative funding opportunities. 

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Topics: Alternative Financing, About Invoice Factoring, Financing Government Contractors

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