Staffing

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Staffing Firm Confidently Meets Payroll with Asset-Based Lending Solution

The client, a Southwestern based staffing company that specializes in Light Manufacturing, Human Resources, Information Technology and Medical Staffing, was having liquidity concerns meeting payroll.. The Company was founded over 50 years ago and operates approximately 65 locations throughout the United States. Challenge: Being such a large staffing provider the Company had a substantial amount …

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Asset Based Facility Relieves Cash Flow Constraints

Asset Based Facility Relieves Cash Flow Constraints

Asset Based Financing Relieves Cash Flow Constraints for IT Staffing Firm The Company, a Southeastern based IT contract staffing firm has been operating for the last five years and has over 80 employees.  The Company provides IT staffing as well as consulting services to large scale customers throughout the U.S.  Challenge: The Company has seen …

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Temporary Staffing Company Consolidates Factoring Lines to Support Enterprise Operations

Temporary Staffing Company Consolidates Factoring Lines to Support Enterprise Operations

The client is a domestic temporary staffing company based on the west coast.  The Company specializes in placements for manufacturing, logistics, IT, administrative, R&D, construction and skilled trades. Over the last two years they have seen a steady increase in sales volume, resulting in profitability. Challenge: The Company had an established line of credit for …

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Seacoast Accounts Receivable Factoring Facility Supports Growth For Staffing Firm Press Release Generic Graphic

Seacoast Accounts Receivable Factoring Facility Supports Growth

Accounts Receivable Factoring Supports Growth Boynton Beach, FL – October 2, 2018 – Seacoast Business Funding announced the funding of a $500,000 accounts receivable factoring facility for a southeastern based staffing agency.  The Company recently received a contract from a large corporate client.  The Company is expected to double its size in the next 18 months …

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Factoring for Staffing Agencies Creates Success

Many companies can struggle to meet payroll and operating expenses especially when they have to wait on outstanding invoices. Staffing agencies understand more than anyone the difficulty of needing quick access to working capital; and factoring for staffing agencies is the solution to this common problem. Challenges Facing Staffing Agencies More and more the reliance …

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Working Capital Solution Creates Growth for Extra Duty Company

Working Capital Solution Created Growth For Extra Duty Company The client is a northeastern based company founded in 2015. They provide administrative support to law enforcement agencies in the management of their extra duty programs. The company provides pre-screening of new account requests, scheduling, billing and collections, and payroll processing, thus freeing up administrative resources …

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