Goodbye 2020 and Cheers to a New Year!
As we all gladly bid 2020 farewell, we look forward to a better and more prosperous 2021. From everyone at CFR, we wish you a safe and happy holiday season.
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12, 2020
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11, 2020
Pros and Cons of Factoring
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, [...]
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11, 2020
Happy Veteran’s Day
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.
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10, 2020
Rise Up After The Fall
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 [...]
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08, 2020
2020 Money Maker Nominee – Olivia Ventola
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 [...]
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08, 2020
Kevin Laborde: Speaker at JEDCO’s Small Business Webinar
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 [...]
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07, 2020
Net Funds Employed (“NFE”)
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 [...]
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03, 2020
Update from Cash Flow Resources
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 [...]
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03, 2020
Strategies to be prepared with the spread of COVID-19
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 [...]
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03, 2020
CFR Participates in JEDCO/SBA Meet the Lender Event
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 [...]