As the economy starts to rebound, we are starting to see businesses reemerge. CFR recently closed a new factoring line for an oil and gas service provider, mainly supplying labor for domestic and foreign offshore projects. This line will allow the company to access cash quicker to meet payroll and other operating expenses.
$250,000 Factoring Line
Louisiana based company
Moved to CFR because their existing factoring company did not provide enough funding capacity or flexibility. The company values the high touch, personal relationship afforded through CFR.