Cash Flow Resources closed a new $200,000 working capital facility for a Louisiana based specialty concrete contractor. This client started using CFR funding to manage the seasonality inherent in their business. In addition to funding, the client engaged CFR Consulting for accounting services to better manage cash flow. The company had difficulty managing vendor payments, [...]
A friendly reminder that all schedules and reserve requests must be received by 11:00 am CST to be processed same day. Schedules and reserve requests received later cannot be guaranteed it will be processed same day. Schedules and supporting documentation may be emailed to [email protected], mailed or faxed to CFR at (504) 522-6631. Invoices should [...]
The first new deal included a $250,000 working capital facility for a Louisiana based company providing field personnel for the oilfield service industry. This client learned about CFR from their local banker. The company was a start-up, had too much debt and the majority owner was not willing to inject anymore equity into the company. Given all these [...]
