Labor SMART, Inc. announced that it has increased its working capital line of credit.

Labor SMART, Inc. amended its existing credit facility with Transfac Capital to increase the maximum available borrowing capacity from $2.0 million to $4.0 million. In addition, its advance rate against its accounts receivable has increased from 85% to 90%.

Ryan Schadel, Chairman and Chief Executive Officer of Labor SMART, stated, "We are very pleased to have completed this important step in our financial plan for 2015. This source of additional working capital is key to executing our growth strategy without the need for convertible promissory notes. The operations team at Labor SMART has been hard at work strengthening processes and controls that contributed greatly to getting this increased credit facility in place."

Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The Company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping.