Factor Now, Pay Later - Flexible Extended Payment Terms Increasing Cash Flow & Lowering Risk.

Click Here See More In this episode of FinTech Confidential, host Tedd Huff interviews Jordan Olivas, the founder of Harvv, a B2B accounts receivables financing platform. The conversation focuses on how Harvv is helping businesses in traditional industries, such as recreational vehicles, construction, raw materials, and consumer packaged goods, by offering innovative financial solutions that streamline their payment processes and improve cash flow. Throughout the discussion, Jordan shares valuable insights on the challenges these industries face and how Harvv’s platform addresses these issues by making the payment and financing process easier for both sellers and buyers.Key HighlightsWhy Flexible Payment Terms Are the Key to Faster Cash FlowThe Secret to Reducing Financial Risk with Payment SolutionsHow Automation Saves Time in Managing PaymentsWhy In-House Financing Comes with Hidden CostsWhat Traditional Industries Need to Know About Payment TermsWhy Customer Service Plays a Big Role in Payment SuccessHow Tight-Margin Industries Can Improve Financial StabilityStreamlined Onboarding Can Make or Break Payment SystemsWhy Reverse Factoring Beats Traditional FinancingThe Importance of Perseverance in Business Success Takeaways1️⃣ Get Paid Faster with Flexible Payment Options2️⃣ Automate to Eliminate Manual Payment Chasing3️⃣ Shift Credit Risk to Buyers for Safer Deals4️⃣ Reduce Hidden Costs by Outsourcing Financing Tasks5️⃣ Offer Multiple Payment Methods for Customer ConvenienceSupportersUnder: Revolutionize merchant applications with digital transformation. Discover more at https://under.io/ftcSkyflow, privacy platform trusted by leading financial institutions, to protect customers’ data. www.skyflowsecure.comHAWK: Enhance compliance with real-time monitoring and advanced AI. https://gethawkai.com for better compliance. Links:[Company Name]Website: Linkedin: Facebook: Instagram:Twitter: Youtube: Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupport is provided by MPC 2023, the premier event for fintech leaders. This is your chance to shake hands and rub shoulders with the world's top experts in payments, loyalty, blockchain, digital currencies, cybersecurity, consumer privacy, and other emerging fintech solutions connecting you directly with the future of commerce. If you haven't already, mark your calendars for August 23rd through the 25th and join me and Fintech Confidential at the Westin Atlanta Perimeter North. When you sign up for FinTech confidential notifications, you will receive a discount from $50 to 100% off.Or use this link for $50 of registration. https://mpcevent.com/FTC50This is a Production of Diamond D3, Media ABOUT: Jordan Olivas: Jordan is the founder of Harvv, a rapidly growing B2B factoring platform that's revolutionizing financing for traditional industries like raw materials, solar, construction, and consumer packaged goods.Before Harvv, he founded QisstPay, which became one of the largest Buy Now, Pay Later services in Asia. Under Jordan's leadership, QisstPay partnered with over 1,000 brands, including major players like Samsung and Lenovo.Jordan's experience spans from startups to corporate leadership roles. He's worked with some of the biggest names in fintech, including Klarna and ChargeAfter. His expertise in lending, revenue growth, and strategic partnerships has made him a sought-after leader in the industry. Harvv: Harvv is a B2B financing platform that helps businesses improve cash flow. Offering flexible payment terms and shifting credit risk to buyers, it allows companies to get paid upfront. With seamless automation and integration with accounting software, it simplifies invoicing, reduces delays, and cuts the costs of in-house financing, enabling businesses to grow confidently.Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.DD3, Media: A media creation, management, and production company delivering engaging content globallyChapters00:00 - Leaders 1:1 Jordan Olivas PreviewIntroduction to the episode and guest Jordan Olivas.03:06 - Jordan Olivas’ Journey and Harvv’s ImpactOverview of Jordan’s background and the creation of Harvv.05:03 - Transitioning from BNPL to B2B FinancingJordan explains his shift from consumer Buy Now Pay Later (BNPL) to B2B financing.06:45 - Challenges in B2B FinancingDiscussion of the obstacles Harvv faced in traditional industries.07:47 - Educating Traditional IndustriesThe importance of educating businesses about modern financing solutions.12:47 - Sales Strategies and Market FocusHow Harvv targets sales and focuses on specific industries.14:19 - Leveraging Technology for CashflowHow technology and automation enhance cash flow and reduce manual work.15:18 - Automation and IntegrationDiscussion of Harvv’s automation features and system integration capabilities.20:39 - Hidden Costs of In-House FinancingExplanation of the unseen expenses businesses face with in-house financing.21:54 - Customer Payment ChallengesChallenges businesses face with late payments and customer creditworthiness.23:07 - Understanding Factoring in BusinessInsight into how factoring works and how Harvv’s reverse factoring differs.26:10 - Future Trends in B2B FinancingPredictions for the future of B2B financing and emerging trends.27:27 - Innovative Solutions for Accounts ReceivablesHarvv’s unique solutions for modernizing accounts receivable management.36:18 - Risk Management in B2B FinancingHow Harvv helps businesses manage financial risks effectively.36:56 - Advice for EntrepreneursJordan shares key advice for entrepreneurs about resilience and perseverance.40:58 - Closing Thoughts and Final WordsFinal reflections from Jordan on Harvv’s mission and Tedd Huff wraps up the episode.