There are many reasons a company might turn to factoring or invoice buying for working capital. At Cash Flow Resources ("CFR"), we have two current clients that operate within the Remediation Services industry. Due to their inconsistent sales and general seasonality of their business, neither of them was eligible for traditional bank financing. Working [...]
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, [...]
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 [...]
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 [...]
CFR continues to help small businesses by providing customized solutions that fits their needs. At the end of 2019, CFR funded the following two deals: $1MM factoring line for a start-up national industrial turnaround plant contractor The contractor's prior large national factoring company abruptly changed the way they handled their [...]
Its that time of year again. Over the next several days, the streets of New Orleans will be filled with revelers celebrating the Carnival season. Be advised that CFR will be closed on Mardi Gras day, the 5th of March. Additionally, CFR's office may be closing a bit early this Wednesday, Thursday, Friday and [...]
CFR will be closed Christmas Day and New Year's Day. May peace, prosperity, and happiness be yours throughout the holidays and new year.
The benefits of invoice factoring are numerous, but there are a lot of misconceptions surrounding the pros and cons of factoring invoices. Visit www.CFRNOW.com to learn more. Cash Flow Resources helps businesses by providing financing based on the credit of their customers, providing them with flexible cash flow so they can confidently continue regular business [...]
May peace, prosperity and happiness be yours during this Holiday Season and throughout 2016! From all of us at CFR, Kevin, Ashton, Olivia, and Shannon
Please be advised that Cash Flow Resources will be closed Monday, September 7, in observance of the Labor Day holiday. Make sure you plan your funds transfers accordingly as ACH transfers initiated on Friday will not be credited to your account until Tuesday, September 8.