Strategies to keep you and your employees safe: With the spread of COVID-19 to Louisiana, the following are some useful reminders to help reduce the risk of contracting communicable diseases, including COVID-19: Wash your hands frequently Maintain social distancing from anyone who is coughing and sneezing. Avoid touching eyes, nose and mouth Practice [...]
Cash Flow Resources ("CFR") will be participating in Meet the Lenders Event, hosted by SBA and JEDCO tomorrow, March 4th. This event is aimed at helping small companies learn how to raise capital for their business. The Jefferson Parish Economic Development Commission (JEDCO) is an independent, yet complementary arm of Jefferson [...]
CFR continues to help small businesses by providing customized solutions that fits their needs. At the end of 2019, CFR funded the following two deals: $1MM factoring line for a start-up national industrial turnaround plant contractor The contractor's prior large national factoring company abruptly changed the way they handled their [...]
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 [...]
Kevin Laborde, President of CFR, recently gave a presentation at GNOEA's Business Presentation Meeting. In addition to covering what CFR does for its clients, he described other alternative financing products in the marketplace; how they work, what they cost and appropriate ways to use them. GNOEA is an association of firms and companies that do [...]
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 [...]
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: [...]
As owners look for ways to fund their business, it is hard to know which type of funding is right for your business. Sometimes, companies qualify for a bank loan to meet their needs. However, oftentimes alternative methods of financing are necessary for various reasons, which might include being a start-up, recent losses or fast [...]
Do you need or know a business that needs free business advice? Tell them to sign up for StayLocal's Office Hours! These are FREE, one-on-one 20-minute consultations with local industry professionals. Topics include: marketing, branding, sales coaching, legal, services, human resources, financing, lending, technology and more. The sessions are open to local businesses and non-profits, [...]
