As owners look for ways to fund their business, it is hard to know which type of funding is right for your business. Sometimes, companies qualify for a bank loan to meet their needs. However, oftentimes alternative methods of financing are necessary for various reasons, which might include being a start-up, recent losses or fast [...]
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CFR closes a working capital facility for a food preparation and production company based in the Greater New Orleans area. Although the company has been in business for over 25 years, it needed additional working capital quickly to handle increased business due to new contracts awarded. CFR factoring was the perfect solution because it allowed [...]
CFR closes a deal for a Louisiana based sport/nutrition supplement company. This company produces an all-on-one drink supplement that helps lead to a healthier, more active lifestyle. This company is a start-up trying to expand its market share; however, it did not have the cash flow to grow. The company decided CFR factoring was a great [...]
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 [...]
Kevin Laborde will attend International Factoring Associations's ("IFA") Presidents & Senior Executives Meeting January 25-27th. Founded in 1999, the IFA provides a way for Commercial Factors to get together and discuss a variety of issues and concerns in the industry. At CFR, we always want to ensure we have the best and latest in information [...]
New Deal to Construction Company: The first deal was a $300M working capital facility for a Louisiana based construction company, specializing in electrical, construction and roofing. With the recent natural disaster in southern Louisiana, the company experienced a spike in business and quickly needed additional working capital. Years ago, the company was introduced to CFR through [...]
What is factoring? Using a factoring company allows to you to provide an immediate solution to your cash flow needs. Factoring is a form of financing in which a business sells its invoices to a third party financial company, or factor. A factor advances funds on a percentage of the invoice and deposits the cash [...]
Cash Flow Resources "CFR" is pleased to announce the graduation of a Texas based subcontractor from its CFR factoring facility to a traditional bank line of credit. This company specializes in industrial and commercial insulation, scaffolding, fireproofing, coatings, electrical and heat tracing. After working with CFR for almost 5 years, the company grew substantially and [...]
CFR recently closed a $100,000 line of credit to a Louisiana based staffing company. We learned about the company from one of our referral partners as the company recently experienced rapid growth. Initially, the company was funded by one of the owners using a home equity line of credit. However, as the company continued to grow, [...]
