About Bayside Business Advisors
Capital advisors for business owners who need a plan.
Bayside Business Advisors is a Miami-based capital advisory firm founded by Alec Melroy and Byron Anderson. We help established businesses get the right funding structure for today, while protecting cash flow and keeping the door open to stronger financing down the road.
Last reviewed: November 2026
The founders
The people behind Bayside.
Two founders who saw how often good businesses were sold the wrong money, and built a firm to give owners a straight answer instead.
Alec Melroy
Co-Founder & COO
I grew up watching my dad build a construction company from nothing. He never finished school, and that business changed our family’s life. It’s why I care about owners like him.
Before Bayside, I spent 8+ years building and scaling operations, first at Firefly, where I helped launch and run markets across the country, then at Lyft. When Byron Anderson and I moved into business funding, we saw how often good businesses were sold the fastest money instead of the right money: advance after advance, with daily payments that ate into payroll and later kept the bank’s door closed.
So we built Bayside to do it differently. I run strategy, operations and our funding-partner network, so every owner who comes to us sees every option they actually qualify for, what each one really costs, and our honest recommendation. Then we stay with them through the life of the funding, not just the closing.
Connect with Alec on LinkedIn
Byron Anderson
Co-Founder & Chief Revenue Officer
Byron runs every client conversation at Bayside. When an owner books a call, Byron is the person on the other end: he learns what the business actually needs, walks through the options it qualifies for, and stays the owner’s point of contact from the first call to funding and after.
Before Bayside, Byron built his career in sales at an international recruiting agency and started several businesses of his own.
Connect with Byron on LinkedInBayside is a member of the Greater Miami Chamber of Commerce.
“Good businesses were being sold the fastest money instead of the right money. So we built Bayside to do it differently.”
Alec Melroy, Co-Founder
Why Bayside is different
Not a call center. Not a one-size-fits-all lender.
Too many owners leave a lender or broker feeling that nobody explained the tradeoffs, nobody looked at the full picture, and nobody asked how the decision would affect their future financing.
Strategic before transactional
We start with the business goal, not the product. Working capital, a term structure or a way out from under multiple advances: the conversation begins with what the capital has to do and what your business can realistically support.
Transparent about structure and tradeoffs
You see how payments, costs, renewal pressure and total payback affect your business before you sign. Clarity, not hype.
Grounded in business reality
Contractors, restaurants, gyms, multi-location operators: we understand the pace and the swings of South Florida businesses. You’re not a file in a national queue.
Focused on future bankability
Some funding decisions quietly hurt your future SBA or bank eligibility. We look past today’s approval to what the decision does to tomorrow’s options.
Who we serve
Established businesses with real revenue and real opportunity.
Bayside typically works with established businesses, usually with at least two years in business, around $40K or more in monthly revenue, and a funding need of $100K or more. Many are strong operators with uneven deposits, seasonality or recent growth investments that make traditional lenders hesitant or slow. We’re often a strong fit if your business:
- Needs capital quickly but still wants to understand the structure before signing anything.
- Has been declined, delayed or underserved by a traditional bank.
- Is carrying expensive short-term funding and needs a plan to get out from under it.
- Is in construction and the trades, restaurants and hospitality, fitness and wellness, and multi-location businesses.
- Wants a long-term capital partner, not a one-time transaction.
Restaurants & hospitality
Transportation & logistics
Construction & the trades
Healthcare practicesOur approach
Funding structured to fuel your business, not strain it.
We look closely at revenue patterns, cash-flow rhythm, current obligations and future financing plans before pointing in any direction. The goal isn’t just approval. The goal is fit.
Sometimes the right answer is to move fast. Sometimes it’s to wait, restructure, or prepare for a better option that’s three months away. That honesty is what separates an advisor from a salesperson.
- A real conversation about your business and what the funding needs to accomplish.
- A review of your cash flow, obligations and timing, based on real numbers.
- A side-by-side comparison of the options you qualify for.
- A plain-language walk-through of structure, payment impact and our recommendation.
- You decide, knowing exactly what the choice means now and down the road.
Exploring funding? Start with a clear plan.
Need working capital now, a second opinion on an offer already on the table, or a plan to clean up existing funding? We’ll help you find the smartest next step.
Secure, confidential, and built around your business goals.
Quick questions
About Bayside
Who founded Bayside Business Advisors?
Alec Melroy, Co-Founder and COO, and Byron Anderson, Co-Founder and Chief Revenue Officer. Alec spent 8+ years building and scaling operations at Firefly and Lyft. Byron built his career in sales at an international recruiting agency and started several businesses of his own. They founded Bayside after seeing how often good businesses were sold the fastest money instead of the right money.
Who will I work with at Bayside?
Byron runs every client conversation. When you book a call, he’s the person on the other end, and he stays your point of contact from the first call to funding and after. Alec runs strategy, operations and the funding-partner network behind your options.
Does Bayside only work with businesses in Miami?
Bayside is headquartered in Miami and has a strong South Florida focus — but we also support qualified businesses in other markets depending on the funding fit and opportunity.
What types of businesses usually work with Bayside?
Established businesses in construction and the trades, restaurants and hospitality, fitness and wellness, and multi-location businesses, plus other established service businesses that meet the same thresholds: usually at least two years in business, around $40K or more in monthly revenue, and a funding need of $100K or more.
Is Bayside a member of any business organizations?
Yes. Bayside is a member of the Greater Miami Chamber of Commerce.
Bayside Business Advisors LLC Copyright © | All Rights Reserved 2026
Bayside Business Advisors is a commercial finance brokerage and capital advisory firm based in Miami, Florida; not a direct lender. We help established businesses across South Florida explore commercial financing through a network of independent funding partners. Funding approvals, amounts, rates, and timelines are subject to lender review and qualification. Results described on this page are not guaranteed and may vary based on individual business circumstances, creditworthiness, and lender requirements. Bayside Business Advisors LLC does not charge upfront fees. All funding is subject to underwriting and lender approval. This page does not constitute a commitment to lend.