Getting Started
To determine the Customized Funding Routine most appropriate for your company, CFR will require:
- A completed and signed business credit application
- Current customer listing to include company name, mailing address, contact person, phone, fax and email details
- Latest and last 4 quarters’ AR and AP listings
- Evidence of current payroll tax filings
For closing CFR will require these additional documents:
- Articles of Incorporation / Organization as appropriate
- Operating Agreement (LLCs)
- Company and personal financial statements
- Company and personal tax returns
- Certificate of Good Standing
- Copies of key contracts
- Sample Invoice
- Sample customer acceptance documents
- Evidence of insurance in place
- Bank account details for funds transfers
- Client letterhead for customer notifications
- Clear copy of owner driver license
After the necessary documentation has been received, CFR will prepare a funding proposal
outlining the major terms and conditions. Once accepted, a closing
will be scheduled, customers notified and funding advanced in accordance with the agreement.