What Bay View Funding does

Bay View Funding is a privately held, San Jose-headquartered invoice factoring and accounts receivable financing company founded in 1985, operating as a wholly owned subsidiary of Heritage Bank of Commerce (a subsidiary of Heritage Commerce Corp, Nasdaq: HTBK) within the parent's Specialty Finance Group. The company purchases outstanding invoices from businesses at a discount, advancing 80-90% of face value within as little as 24 hours and managing collections on the remainder; it earns revenue through factoring fees tied to invoice volume and duration. Its core products are standard invoice factoring and accounts receivable financing, supplemented by verticalized programs including a payroll advance product for staffing agencies (facilities up to $15 million, rates as low as 0.5%), truck scan factoring and fuel advances for trucking companies, and a broker referral program that drives indirect distribution nationwide.

The company serves small and mid-market businesses across seven primary verticals: trucking, staffing, manufacturing, government contracting, wholesale, distribution, and oil and gas, with documented facilities extending up to $40 million for qualifying clients. Distribution combines a direct sales force with relationship managers (San Jose HQ, Atlanta regional sales office), inside sales via phone and web application, and a national broker referral channel. Marketing is supported by an active content engine (blog, educational guides, social) targeting top-of-funnel awareness. The 2021 integration into Heritage Bank of Commerce's National Specialty Finance Group consolidated the company with the parent's ABL/Corporate Finance and SBA lending teams, and a December 2025 $30 million credit facility to Fluent, Inc. indicates recent up-market activity in commerce media receivables outside the traditional vertical mix. Headcount is reported at 11-50 employees and revenue is not publicly disclosed.

Name

Bay View Funding

Legal name

Bay View Funding

Website

https://bayviewfunding.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Bay View Funding is a privately held invoice factoring and accounts receivable financing company, founded in 1985 and operating as a wholly owned subsidiary of Heritage Bank of Commerce. It serves small and mid-market businesses across trucking, staffing, manufacturing, government, wholesale, distribution, and oil and gas, offering facilities up to $40 million.

Ownership category

akta.pro rank

Headquarters

HQ city

Santa Clara

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Invoice Factoring Fees: Bay View Funding purchases outstanding invoices from businesses at a discounted rate and collects full payment from the customers. The difference between purchase price and full payment constitutes the revenue.
2. Payroll Advance Program: Provides staffing agencies with early access to payroll funds, generating fees based on the advance amount and duration.
3. Accounts Receivable Financing: Financing based on outstanding accounts receivable, providing businesses with working capital in exchange for fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Bay View Funding is an invoice factoring company that purchases outstanding business invoices at a discount and advances 80-90% of the face value, often within 24 hours, then collects from the end customer and remits the reserve less factoring fees. It complements this core offering with industry-specific programs including a Payroll Advance Program for staffing agencies (up to $15M, rates as low as 0.5%), Truck Scan Factoring, and Fuel Advances for trucking companies, with facilities of up to $40 million for qualifying clients.

Product overview

Bay View Funding is an invoice factoring company offering a portfolio of accounts receivable financing solutions. The core product is Invoice Factoring, which converts unpaid business invoices into immediate cash. The company supplements this with specialized programs including Payroll Advance for staffing agencies and Truck Scan Factoring with Fuel Advances for trucking companies. A Broker Referral Program enables factoring brokers to refer clients nationwide. All products are delivered through facilities up to $40 million with same-day funding capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Invoice Factoring Converts outstanding business invoices into immediate cash by purchasing the invoices from the client, advancing up to 90% of the invoice value within 24 hours, handling collections, and remitting the remaining balance minus fees. Designed for SMB and mid-market businesses with slow-paying customers.
• Accounts Receivable Financing Business financing product that uses accounts receivable as collateral to provide working capital without requiring traditional credit qualifications or adding conventional debt to the balance sheet. Facilities of up to $40 million are available for qualifying clients.
• Payroll Advance Program

Quantifiable outcome

• Cash available in as little as 24 hours for approved invoices
• +2 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered minor.

• International Factoring AssociationminorOthersBay View Funding is a member of the International Factoring Association (IFA), demonstrating industry involvement and adherence to professional standards in invoice factoring.
• Commercial Finance AssociationminorOthersBay View Funding maintains membership in the Commercial Finance Association (CFA), indicating participation in the broader commercial finance industry and adherence to industry best practices.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• BlueVine: BlueVine is a fintech that provides invoice factoring and lines of credit to SMBs, including trucking and staffing companies. It is one of Bay View Funding's most direct competitors, offering similar advance rates and 24-hour funding via a digital-first experience.
• Fundbox: Fundbox provides invoice-based financing and working capital to SMBs, competing directly with Bay View Funding on speed of funding, advance rates, and target customer segments. Like Bay View, it serves businesses that need to accelerate receivables.
• FundThrough: FundThrough is a B2B invoice financing platform that purchases receivables from SMBs, often in trucking, manufacturing, and staffing. It competes head-to-head with Bay View Funding on non-recourse factoring and integration-led onboarding.
• altLine (PeakSpan Capital): altLine provides invoice factoring and revenue-based financing to SMBs across multiple industries, including staffing and manufacturing. It is a direct peer to Bay View Funding, offering similar products and broker-driven distribution.
• Riviera Finance: Riviera Finance is a traditional, relationship-driven factoring company serving SMBs in trucking, staffing, manufacturing, and distribution. It is one of the closest traditional peers to Bay View Funding in terms of verticals, products, and target customer profile.
• TCI Business Capital: TCI Business Capital provides invoice factoring and asset-based lending to SMBs and mid-market companies, including staffing and transportation. It competes with Bay View Funding on the staffing/trucking factoring niche and on facility size.
• Prestige Capital: Prestige Capital is a factoring company focused on small businesses in industries such as staffing, manufacturing, and apparel. It is a direct peer to Bay View Funding, especially in staffing factoring and SMB invoice purchasing.
• Breakout Capital: Breakout Capital provides invoice factoring and revenue-based financing to small and mid-sized businesses, including trucking and staffing. It competes with Bay View Funding on speed, flexibility, and selective factoring.

Broad incumbents

• eCapital: eCapital is a large, tech-enabled factoring and ABL provider serving SMBs and mid-market companies across multiple industries. It overlaps with Bay View Funding on factoring products and verticals but operates at significantly greater scale.
• TAB Bank: TAB Bank is a Utah-based bank offering factoring, ABL, and equipment finance to SMBs, with a strong presence in trucking. It is a comparable bank-affiliated factoring platform, similar in structure to Bay View Funding as a subsidiary of Heritage Bank of Commerce.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/BayViewFunding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bay View Funding