Pavestone Capital, an established commercial finance company, and Bayside Business Solutions, an industry leader in commercial finance portfolio management software, announced today that Pavestone Capital has successfully implemented Bayside’s CADENCE for Factoring platform to administer its business-to-business lending.

CADENCE for Factoring provides the tools and resources necessary for managing every aspect of the factoring business. In addition to automating many administrative functions, CADENCE manages critical aspects of portfolio management, including invoice verification, credit checking, purchase decisions, risk analysis, concentrations, trending, and more.

Pavestone also implemented the ClientWeb online client portal that gives Pavestone’s clients the ability to view and interact with their accounts online in real time, as well as CADENCE|Load Processor and CADENCE|AutoCredit, which provide significant efficiencies beneficial to transportation factoring operations.

“We are very happy with the efficiency and effort the Bayside team put forth to implement CADENCE in our operation. The implementation team worked diligently making our experience exceptional, and the whole organization continues to offer an extremely high level of support after the sale,” said Tim Valdez, co-founder of Pavestone Capital.
   
“We are proud to welcome Pavestone Capital to the Bayside family,” said Debora Musikar, senior vice president of Administration at Bayside Business Solutions, “and we look forward to being a part of their future growth.”

With more than 25 years experience, Pavestone’s founders have funded several small to medium-size businesses throughout the United States and provided liquidity to those businesses from start up, through the growth phase, and into maturity. Pavestone takes pride in its ability to rapidly process factoring requests, from application to final funding.