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 [...]
No Thanksgiving would be complete without thanking the people who make our company a success. So, thank you, to our customers and referral partners for their loyalty and trust they put in CFR. Happy Thanksgiving to you and yours!
At the close of another year, we gratefully pause to wish you a warm and happy Holiday Season and a peaceful and prosperous New Year.
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, [...]
Please join Turnaround Management Association ("TMA") of Louisiana for the Bankruptcy Judges round table discussion. TMA is hosting an informal, lively discussion with the Louisiana Bankruptcy Judges about current issues and topics affecting the bankruptcy courts in Louisiana and nationwide. When: Wednesday, November 1st Where: City Club of Baton Rouge; 355 North Blvd., Baton Rouge 70810 The following [...]