CFR recently closed two out of three deals referred to us by local banks. Here is a brief overview of each of these companies and why they worked or did not work for us. CFR's Closed Deals Bus Transportation Company $200M Factoring Line of Credit [...]
CFR is happy to introduce our new intern, Matthew Kives. A native of New Orleans, Matthew is an alumnus of Jesuit High School New Orleans, class of 2017. He is an incoming junior, studying finance at Loyola University Chicago. Matthew enjoys a wide variety of hobbies and interests, ranging from studying the arts and [...]
Cash Flow Resources is excited to announce that Olivia Ventola has rejoined the CFR team. Olivia's primary focus at CFR will be marketing and business development for small businesses in the gulf south region. She has over 15 years of experience in the financial services industry with several of those years at CFR. [...]
Its that time of year again. Over the next several days, the streets of New Orleans will be filled with revelers celebrating the Carnival season. Be advised that CFR will be closed on Mardi Gras day, the 5th of March. Additionally, CFR's office may be closing a bit early this Wednesday, Thursday, Friday and [...]
CFR recently closed a new factoring line of credit with a janitorial service company in the Greater New Orleans area. This company needed access to additional working capital to fund internal growth, but prior credit liens eliminated bank lines as an option. The owner felt lost and almost threw in the towel. However, after [...]
Reliable and efficient cash management is a major factor in the success of a company’s commercial transactions. However, at times, bankers are unable to approve a borrowing request to a company for various reasons, even to an existing client. Some of these reasons include receivable concentrations, overextended, under capitalized, growing quickly, and various other [...]
Have you ever wondered what is factoring or even heard of it? Factoring, also known as invoice buying or accounts receivable factoring, accelerates your working capital and gets you the funds you need fast. Factoring is a funding tool in which a factoring company, such as Cash Flow [...]
Cash Flow Resources welcomes James Vitale to our team as a Service Specialist. James comes to CFR with an extensive amount of accounting and operational knowledge from a variety of industries. He has worked as an accounting clerk at The Solomon Group, an operations agent for Southwest Airlines and a staff accountant for Taste Bud [...]
Though a a great funding source for many businesses to enhance and support growth, factoring is often viewed negatively because of misconceptions or myths. Factoring is the process of buying invoices to generate cash quickly instead of waiting 30, 60 or 90 days for your customers to pay. It is different than a bank loan, [...]
At Cash Flow Resources ("CFR"), we are committed to putting our clients first and finding customize solutions to help their business succeed. Below shows just a few examples on how we have found solutions for our customers. INDUSTRY: Metal Fabrication ANNUAL SALES: Est. 750,000 LOCATION: [...]
