At Cash Flow Resources (“CFR”), we are committed to putting our clients first and finding customized solutions to help their businesses succeed. We are able to help companies with working capital lines as low as $50,000 as well as companies in need of much larger lines. Below illustrates just a few new clients and how CFR is helping them find solutions.
Challenge: The company wanted to grow and expand into additional markets; however, it did not have the working capital to buy more inventory to supply these markets.
Solution: Through factoring, the company was able to facilitate its growth by generating working capital immediately when an order was filled and an invoice was produced. It did not need to wait 30,60 or 90 days for their customers to pay.
Challenge: The company could not meet weekly payroll given their customers paid on a monthly basis.
Solution: This staffing company turned to CFR for factoring as a way to confidently fund weekly payroll, without waiting for its customer invoices to be paid.
Challenge: Referred to us by one of our banker referral sources, the company could not secure a line of credit because its revenue is seasonal and inconsistent based on when disaster recovery services are needed.
Solution: Factoring is a perfect fit because it allows the company to manage fluctuating sales with flexibility in factoring invoices only when it needs working capital. The company is able to choose when to factor or not factor eligible invoices based on its work flow.