I have 2 tables:
I already created the relation between the two tables, and it's working fine because I can display company name in the customers view like this: $customer->company->company_name
I'm now having issues with the customer create and edit views. I'd like to have the company_name as a drop-down (Form Select) in create and edit views. Then insert the company id to the CUSTOMERS table.

You need to supply Form::select with companies as an array('id'=>'name'):
// Controller, repo or wherever you want it:
$companies = Company::lists('company_name','id');
// $companies passed to the view, then in the create view:
{{ Form::select('company_id', $companies, null, $options) }}
// edit view:
{{ Form::model($customer, array('route' => array('YourCustomerUpdateRoute', $customer->id))) }}
...
{{ Form::select('company_id', $companies, null, $options) }}
// form model binding autopopulates the form, so correct option will be selected
After submitting the form validate the input, check if provided company_id exists on the companies table and save the customer, that's all.
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