Over the past couple of years with COVID-19, many companies find themselves in distress and feel there is no way out. Many companies may consider filing for Chapter 11 bankruptcy protection as a way to restructure their business. Some owners might not be aware that there is still a way to obtain financing after [...]
Recently, the publication, The Secured Lender, featured an article to discuss the effects of the pandemic, PPP loans and current trends within the accounts receivable lending space. Cash Flow Resources' ("CFR") President, Kevin Laborde, was one of the the five people interviewed to share his experience and knowledge as it has related to CFR. [...]
There are many reasons a company might turn to factoring or invoice buying for working capital. Recently, we had a food distributor looking for additional working capital due to growth. Challenge: The company wanted to grow and expand into additional markets; however, it did not have the working capital to buy [...]
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, [...]
Cash Flow Resources (CFR)'s Kevin Laborde recently attended the 2017 Turnaround Management Association (TMA ) Annual Distressed Investing Conference February 1-3rd in Las Vegas, NV. This year's conference featured several networking opportunities and educational sessions on topics such as core business challenges in today's society and understanding the potential of our Millennial generation. As a [...]
