13 05, 2021

Factoring for Remediation Service Contractor

2021-05-13T10:45:43-05:00May 13th, 2021|Categories: Cash Flow, Factoring, Factoring Receivables, Funding, Informative, News, Uncategorized|

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 [...]

26 04, 2021

Networking Happy Hour

2021-04-27T12:05:04-05:00April 26th, 2021|Categories: CFR, Factoring, News|

CFR recently hosted a networking happy hour with a few of our referral sources.  Being outside with the beautiful weather and seeing familiar faces again after so much time was great.  Congratulations to Kathy Broussard of Wells Fargo and Amanda Moullet of Hancock Whitney for winning the raffle.  We truly appreciate all of our [...]

24 03, 2021

Trevor Laborde Celebrates 1 Year with CFR!

2021-03-24T14:11:41-05:00March 24th, 2021|Categories: CFR, Informative, News|

Congratulations to Trevor Laborde, who celebrates one year working at CFR as a Service Specialist.  On a daily basis, Trevor assists our customers with all their questions and needs.  He is always willing to help another fellow employee to make CFR a better place, including, but not limited to, researching new prospects or dealing [...]

27 02, 2021

Factoring for Staffing Companies

2021-03-19T10:47:42-05:00February 27th, 2021|Categories: Cash Flow, CFR, Factoring, Factoring Receivables, Financial, News|

Factoring is used by companies for many different reasons. One reason to use factoring is lack of working capital due to timing of customer payments. Challenge: A common problem many staffing companies encounter is the timing of cash flow. Many times, companies have weekly payroll; however, their customers pay on a monthly basis. [...]

11 01, 2021

New Law Clarifies and Expands CARES Act Employee Retention Credit

2021-02-11T08:48:40-06:00January 11th, 2021|Categories: News|

The COVID-19 stimulus package signed into law on December 27th contains significant enhancements to the employee retention tax credit ("ERC") enacted under the CARES Act. The ERC is a refundable payroll tax credit that was only available to taxpayers who EITHER 1) had their business fully or partially suspended during at least one quarter in [...]

16 11, 2020

Pros and Cons of Factoring

2020-11-16T13:16:00-06:00November 16th, 2020|Categories: Uncategorized|

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, [...]

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