Hello My Name is Fred Loeb,
Since our inception in 1985, Bay View Funding (BVF) has been committed to serving businesses in need of capital.
By factoring your invoices, your company can instantly liquify its receivables, creating a source of ready cash as needed. Also, our clients benefit from professional, courteous A/R management services, including credit analysis and collection services.
Programs are available for qualified U.S.-based small and middle market businesses in manufacturing, distribution and service industries with business-to-business transactions, on both a notification and non-notification basis.
Credit Lines: Up to $2,000,000
Collateral: Accounts receivable and inventory
Advance Rates: Up to 95% of face value of invoice
Pricing: Fees are based upon the time you choose to finance your receivable and when that receivable pays.
Credit Resources:
We have access to a full range of credit resources, on tens of thousands of businesses nationwide. Bay View Funding will check credit on your customers, usually within 24 hours or less, and will even assume credit risk subject to credit approval, protecting your company from losses due to your customer's bankruptcy.
How does factoring benefit my business?
Bay View Funding's factoring program helps businesses increase cash flow while reducing credit and collections headaches.
Generate daily cash flow as needed. You choose which invoices you want to finance, regularly or only occasionally when you want a burst of liquidity.
Reduce your credit risk. We stand behind our credit decisions, taking the credit risk on most transactions with our non-recourse programs. Our extensive databases, help determine credit levels for your customers, thus avoiding bad debts.
Focus on growing your business. Spend your time and newly discovered cash flow where it's most valuable, recruiting new customers and managing day-to-day operations. Your Bay View Funding team will make collections calls and provide detailed reporting to keep you up-to-date on your invoices.
Jump start your cash flow quickly. Most businesses are able to finance their receivables within one week of accepting our proposal.
Sincerely,
Fred Loeb
floeb2001@yahoo.com