Home/Invoice Financing Companies/BFI Business Finance

Contact

851 E. Hamilton Ave., Ste. 200
Campbell, CA 95008

P: (408) 369-4000
F: (408)288-4018
W: www.bfifinance.com

Management

  • Dave Drogos: President and CEO
  • Jeffrey Lizar : Executive Vice President
  • Gretchen Wile : Senior VP, San Francisco Region
  • Patrick Brennan : Senior VP, Southern California Region
  • Macy Saechao : Vice President, Loan Underwriting

Summary

BFI Business Finance is a growing asset based lending institution. Based in the Silicon Valley, the company specializes in companies throughout California and the western United States. BFI provides ABL funding from $1 million to $15 million to companies with annual revenues of $1 million to $150 millionBFI provides Accounts receivable, inventory, equipment, and technology financing.  

  • Asset-based lending. BFI can pre-qualify prospective borrowers within 24 hours of application and provide funding within 5 to 10 days. When an account is established, they provide loan advances within 24 hours of assignment of accounts. The rate of advance on accounts is generally between 75 to 80 percent of the accounts receivable balance.
  • Inventory and equipment financing provided in conjunction with accounts receivable financing; the accounts receivable portion is the primary component of the facility. Advance rates on raw materials and finished goods vary between 20 to 50 percent of cost, depending on the type of inventory.
  • Technology finance provides business financing to high technology firms as interim financing between conventional bank debt and equity, whether it is institutional or angel money.
BFI actively cultivates referral relationships with banks, CPAs, lawyers, and financial advisers.

Size of Loans

  • $5,000,000 - $15,000,000
  • $1,000,000 - $5,000,000

Available Financing

  • Accounts Receivable Financing
  • Factoring Non-Recourse
  • Inventory Financing

Industries

  • Technology