When a small business is not able to get a traditional line of credit from a bank, factoring can be a quick and easy solution. Factoring provides immediate cash in exchange for selling outstanding invoices to a factoring company. Factoring provides many benefits for B2B companies with outstanding receivables. But there are also disadvantages, [...]
CFR would like to honor all those in the military and their families who have made sacrifices for our country. Thank you for your service.
Rise Up After the Fall Two customers recently came back that have not funded since COVID19. $100,000 for local pipe and steel fabrication shop $1,000,000 factoring line for a national industrial turnaround plant contractor. Businesses are rising after the fall, but some need a helping hand to do [...]
We are proud to announce that Olivia Ventola has been nominated as one of City Business' 2020 Money Makers! Money Makers recognizes financial professionals whose fiscal work has set the pace for their company and the region. Olivia Ventola is currently vice president of Business Development at Cash Flow Resources. She has been with [...]
The coronavirus pandemic continues to impact business activity and consumer behavior. JEDCO and the Jefferson Chamber of Commerce teamed up to offer a Prosper Jefferson webinar on Small Business Financing during the Pandemic. The webinar is scheduled for Wednesday, August 5th, at 10:00 am and will cover the following topics: Current lending landscape in [...]
What is "NFE" and what is "NFE Fees"? "NFE" stands for "Net Funds Employed". NFE refers to a type of pricing factoring companies occasionally offer to clients. It is the balance of outstanding advances on a clients factored accounts receivable. NFE fees are the percentage of that outstanding balance which increases daily. For example, NFE [...]
We are living through volatile and challenging times. The COVID – 19 pandemic is having an impact on every aspect of our lives – the way we live, our global economy, our family and our business/workplace. The health and safety and well-being of our customers and employees continue to be our top priority. Many [...]
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 [...]
