24 03, 2021

Trevor Laborde Celebrates 1 Year with CFR!

2021-03-24T14:11:41-05:00March 24th, 2021|Categories: CFR, Informative, News|

Congratulations to Trevor Laborde, who celebrates one year working at CFR as a Service Specialist.  On a daily basis, Trevor assists our customers with all their questions and needs.  He is always willing to help another fellow employee to make CFR a better place, including, but not limited to, researching new prospects or dealing [...]

27 02, 2021

Factoring for Staffing Companies

2021-03-19T10:47:42-05:00February 27th, 2021|Categories: Cash Flow, CFR, Factoring, Factoring Receivables, Financial, News|

Factoring is used by companies for many different reasons. One reason to use factoring is lack of working capital due to timing of customer payments. Challenge: A common problem many staffing companies encounter is the timing of cash flow. Many times, companies have weekly payroll; however, their customers pay on a monthly basis. [...]

11 01, 2021

New Law Clarifies and Expands CARES Act Employee Retention Credit

2021-02-11T08:48:40-06:00January 11th, 2021|Categories: News|

The COVID-19 stimulus package signed into law on December 27th contains significant enhancements to the employee retention tax credit ("ERC") enacted under the CARES Act. The ERC is a refundable payroll tax credit that was only available to taxpayers who EITHER 1) had their business fully or partially suspended during at least one quarter in [...]

26 10, 2020

Rise Up After The Fall

2020-10-26T11:53:59-05:00October 26th, 2020|Categories: CFR, Factoring, News|

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 [...]

23 08, 2020

2020 Money Maker Nominee – Olivia Ventola

2020-08-23T10:32:15-05:00August 23rd, 2020|Categories: CFR, Consulting, Factoring, Financial, Funding, News|

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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