Recently, CFR's President, Kevin Laborde, participated in a Secured Finance Network Factoring Committee to discuss the current business landscape in 2022. Their discussion centered around sources of business, supply chain issues and more. Check out the full story by clicking below to learn what the five panelists think about supply chain or inflation issues [...]
CFR will be closed on Tuesday, 3/1, for Mardi Gras. We will also have limited hours on Friday, 2/25, and Monday, 2/28, due to the city's festivities and traffic congestion. Since it is Carnival Time in New Orleans, here is a little tidbit about Mardi Gras. Since 1872, purple, green and gold [...]
CFR closes a new $750,000 factoring line of credit for an industrial and disaster relief contractor. The company provides staffing, services, equipment and supplies to refineries, plants, work boats, offshore rigs, and other industrial sites, mainly for disaster relief services. The company's bank referred them to us. Problem: The company was [...]
CFR has moved locations but remains in the Gulf South to continue helping small businesses with their financial needs. Our new address is as follows: 902 Jefferson Ave., Ste. 1 New Orleans, LA 70115
CFR recently closed a $50,000 factoring facility for a machine repair contractor working in various plants in the Gulf South region. Based on the owners reputation and expertise in the field, the company has lots of opportunities to grow but lacks the capital to do so. CFR was able to provide the company with [...]
Reviewing key aspects of your small business can help you realign your goals and resources to help prepare for a successful year and new opportunities. Prepare for 2022 with this checklist. The three main financial documents to prepare are a balance sheet that lists your assets and liabilities, an income statement that lists [...]
Happy Holidays from Cash Flow Resources. Like many small businesses, the past two years has been challenging. We are grateful for our employees, customers and referral partners for their loyalty and support. We are hoping 2022 brings joy and prosperity.
Employee Spotlight Meet Shannon VP Support Services What do you do here at CFR? At CFR, I handle many of the support services, such as accounting, marketing and managing the website. I also help on the client service side making sure our customers have the [...]
As the economy starts to rebound, we are starting to see businesses reemerge. CFR recently closed a new factoring line for an oil and gas service provider, mainly supplying labor for domestic and foreign offshore projects. This line will allow the company to access cash quicker to meet payroll and other operating expenses. [...]
Ashton Laborde from CFR attends IFA's small round table meeting. This meeting allows small factoring companies to meet to discuss relevant ideas and challenges in the factoring world today. It is also a great opportunity for networking and education so CFR stays up-to-date with the latest trends in our industry. The International Factoring Association ("IFA") [...]
