Rise Up After the Fall
Two customers recently came back that have not funded since COVID19.
- $100,000 for local pipe and steel fabrication shop
- $1,000,000 factoring line for a national industrial turnaround plant contractor.
Businesses are rising after the fall, but some need a helping hand to do so. CFR can be that helping hand.
Factoring works for these companies because it allows flexibility for their working capital needs. When they have business and need cash, they can turn to CFR for funding. When business is slow or non-existent, they do not need to use their factoring line; thus, incurring no fees.