CFR recently closed a $50,000 factoring facility for a machine repair contractor working in various plants in the Gulf South region. Based on the owners reputation and expertise in the field, the company has lots of opportunities to grow but lacks the capital to do so. CFR was able to provide the company with a factoring line of credit to allow the company to hire additional employees to take on new jobs. The owner appreciated the time, attention, and advice CFR allotted to him as he developed invoicing systems and processes and added new contracts. CFR is fully anticipating the line of credit to increase in no time.
CFR is a small family owned and operating factoring company helping other small businesses grow.