Bayside Business Solutions, Inc. announced that Allegiance Financial Group has implemented CADENCE Live to administer its accounts receivable financing.

CADENCE Live delivers Bayside’s premier portfolio management solution in a cloud-based environment, providing Allegiance with the tools for handling all aspects of invoice factoring via a secure, online portal. Allegiance also implemented the CADENCE ClientWeb, to enhance service for their many transportation clients.

“We are pleased to be using CADENCE Live, which will continue to enhance the efficiencies of our processing and optimize customer service levels offered to our transportation customers,” stated Michael Kegley, General Manager of the freight bill factoring division of Allegiance Financial Group.

“We’re delighted to have Allegiance Financial Group join the Bayside family,” stated Marvin McConaghy, V.P. of Business Development at Bayside. “We look forward to being part of their continued success and growth.”
 
Bayside Business Solutions is an innovative supplier of portfolio management software to the global commercial lending industry. Bayside has customers throughout North America as well as in Australia, the UK, Europe and Latin America.  Its operations are located in Birmingham, Alabama, and include worldwide support capabilities.

Allegiance Financial Group (AFG) is a financial service company that specializes in equipment and accounts receivable financing. They help their customers meet their financing needs, and remarket their equipment. The group focuses on equipment financing for the transportation, construction, waste management, and the tour and transit industries.