FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Porter Capital Provides $8MM Credit Facility to Multisector Staffing Company

October 30, 2024, 07:48 AM
Filed Under: Staffing Services

Porter Capital provided an $8 million credit facility to a Boston, MA-based staffing agency specializing in life sciences, renewable energy, and information technology. This infusion of capital will support the company’s efforts to expand its operations and respond to the increasing demand for specialized talent across these high-impact sectors.

The staffing firm, known for its focused recruitment approach, connects skilled professionals with companies at the forefront of innovation and growth. With this capital, the company plans to enhance its recruitment strategies, broaden its geographic footprint, and optimize service delivery to meet the evolving needs of clients in fast-paced industries. The funding from Porter Capital will help the firm grow its workforce and invest in new technology, ensuring it remains competitive and well-equipped to deliver top-tier staffing solutions.

“We’re thrilled to partner with a company that is at the intersection of multiple sectors crucial for the future of business and sustainability,” said John Cox Miller, SVP, National Sales Manager of Porter Capital. “Our funding solution provides the flexibility needed for them to scale operations, seize market opportunities, and drive growth. We look forward to seeing the significant impact they will continue to make in life sciences, renewable energy, and IT.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.