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ATLANTA, April 26, 2018 – For the second consecutive year, BAM receives Atlanta Business Chronicle’s 2018 Pacesetter Award, ranked 24 out of 100 of the fastest-growing privately-held companies in Atlanta. BAM was founded in 2011 and is a leading provider of financial technology for transportation, construction, oil and gas, business services and staffing service providers.
“BAM’s growth can be directly attributed to our incredible team,” said Todd Ehrlich, CEO of BAM. “Our team of committed financial technology professionals brings their all to work every day to help our clients achieve their business goals. This year, we have expanded into new relevant markets with strategic acquisitions and hiring top talent.”
BAM applies innovative technology, operational efficiency best practices and a direct line of credit to help its customers increase their overall financial performance. The company’s BAMwire™ solution is a specialty finance software and operations platform that is revolutionizing the traditional funds transfer and advanced processes used by freight carriers, shippers and brokers. BAMwire is a back office solution and allows businesses access to capital more quickly, reducing days to pay, improving credit scores and building stronger vendor relationships while increasing cash flow.
For some time, there has been a gap in the payment processes space between transportation, construction, oil and gas and temporary staffing service providers and their vendors. BAM bridges that gap with BAMwire, removing the risks inherent in the traditional methods these industrial, capital intensive industries use to manage cash flow.
To qualify for the Pacesetter Awards, companies must have experienced a two-year growth in sales of more than 50 percent, must be based in the 20-county metro Atlanta area and not a subsidiary of another company.
To learn more about BAM and its most recent updates, visit www.bamfi.com.
BAM is a leading provider of cash management and working capital solutions for transportation, construction, oil and gas and temporary staffing service providers, committed to helping clients increase their financial performance through operational efficiency. BAM’s proprietary payment processing and cash management engine, BAMwire™, allows businesses access to capital more quickly, reducing days to pay, improving credit scores and building stronger vendor relationships while increasing cash flow. Unlike traditional bank lending or factoring arrangements, BAM uses proprietary technology to improve access to capital across industries and service providers. Learn more at http://www.bamfi.com.