Kevin Laborde, President of CFR, recently gave a presentation at GNOEA's Business Presentation Meeting. In addition to covering what CFR does for its clients, he described other alternative financing products in the marketplace; how they work, what they cost and appropriate ways to use them. GNOEA is an association of firms and companies that do [...]
Today is the last day for James Vitale at CFR. James has decided to pursue a career in human resources with Ochsner in New Orleans. The team at CFR wishes James the very best on his new chapter in life. We certainly appreciate his time with us at CFR.
Celebrating our Bank One Days! Prior to working at Cash Flow Resources (CFR), many of us spent time working at Bank One Louisiana, which later became JP Morgan Chase. At CFR, we draw on our collective years of banking experience to help clients access capital and guidance, allowing their business [...]
Cash Flow Resources is excited to announce that Olivia Ventola has rejoined the CFR team. Olivia's primary focus at CFR will be marketing and business development for small businesses in the gulf south region. She has over 15 years of experience in the financial services industry with several of those years at CFR. [...]
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 recently closed a new factoring line of credit with a janitorial service company in the Greater New Orleans area. This company needed access to additional working capital to fund internal growth, but prior credit liens eliminated bank lines as an option. The owner felt lost and almost threw in the towel. However, after [...]
CFR will be closed Christmas Day and New Year's Day. May peace, prosperity, and happiness be yours throughout the holidays and new year.
Reliable and efficient cash management is a major factor in the success of a company’s commercial transactions. However, at times, bankers are unable to approve a borrowing request to a company for various reasons, even to an existing client. Some of these reasons include receivable concentrations, overextended, under capitalized, growing quickly, and various other [...]
Veterans Day, formerly known as Armistice Day, was originally set as a U.S. legal holiday to honor the end of World War I, which took place on November 11, 1918. In 1954, President Dwight D. Eisenhower officially changed the name of the holiday from Armistice Day to Veterans Day. Unlike Memorial Day, Veterans Day [...]
Have you ever wondered what is factoring or even heard of it? Factoring, also known as invoice buying or accounts receivable factoring, accelerates your working capital and gets you the funds you need fast. Factoring is a funding tool in which a factoring company, such as Cash Flow [...]