INVOICE FACTORINGA FAST AND EFFICIENT PROCESS

www.bayviewfunding.com

How it worksIt’s easier than you think!

Contact an invoice factoring companyStep 1: Start the Process1.

2.Step 2: Accept a Proposed O�erProvide the paperwork

3. Step 3: Begin to FactorReceive your funding in as little as 24 hours

www.bayviewfunding.com

FAST AND EFFICIENT PROCESS

Invoice factoring provides fast and e�cient accounts receivable �nancing. It is an e�ective way to access your working capital today for invoices due to be paid in the future. Do many of your customers take 60 - 90 days to pay their invoices? Do you need to make sure your operational expenses are covered?

The qualifying process is simple, unlike applying for a bank loan or line of credit. Your business operates on cash and invoice factoring o�ers free �owing capital while you are waiting for your customers to pay. This e�ectively means turning your invoices into cash by allowing you to access working capital otherwise not immediately available.

1. CONTACT A FACTORING COMPANY Receive a quick answer

However you start the process, whether �lling out a form from an invoice factoring website, chatting through online chat, or calling directly; a specialist will explain the accounts receivable funding process. Following the initial contact, a quick assessment will determine whether accounts receivable funding is right for your company.

2. ACCEPT THE PROPOSED OFFER Provide the paperwork

After accepting a proposed o�er, send your factor all the requested paperwork as well as the invoices you wish to factor. Your �nal o�er will usually be between 70-90% of the invoice amount depending upon any risk the factor-ing company believes they may be taking by advancing the money. The amount of risk, creditworthiness of your customers, along with your volume of accounts receivable will determine the �nal rate you are o�ered.

INVOICE FACTORING:A FAST AND

EFFICIENT PROCESS

It is your customer’s credit that is essentialrather than your own.

Don’t let your less than perfect credit history

stop you from applying.

3. BEGIN TO FACTOR Receive your funding in as little as 24 hours

Once you review and accept the �nal o�er, you are ready to start factoring your accounts receivable. Once invoices have been veri�ed you will receive an advance on your invoices as agreed upon in the o�er. The remainder, minus a small factoring fee, will be sent once payment is received from your customer.

The good news is that you can repeat the process and continue to maximize your cash �ow and grow your business.

INVOICE FACTORING:A FAST AND

EFFICIENT PROCESS

Funding within 24 hours

The following added bene�ts are available from Bay View Funding:

- An in-house credit department included in the cost of factoring - Evaluations of your customers to establish their creditworthiness - Short term contracts available - Unlike other factors, you are not required to factor every invoice - just the invoices you choose to factor

OUR COMMITMENT TO YOU

Once an agreement has been signed, and the process complete, we will advance you the stated percentage of the invoice, with the remainder paid to you once your customer has paid according to their terms. A representitive will discuss the process and pricing thoroughly with you.

“At Bay View Funding, each member of our dedicated team promises to genuinely and personally provide you with the

best factoring solution to meet the unique and speci�c needs of your company.”

Glen Shu CEO

We are here to

help!