The Hedaya Capital Group recently provided a $750,000 factoring facility to an established staffing company based in New Jersey but operating nationwide. The Disability-Owned Business Enterprise (DOBE) provides temporary business professionals for...
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November 08, 2024, 07:00 AM
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A California-based, national staffing firm wanted a new financing partner after its incumbent bank opted not to renew its current line of credit due to the size of the credit facility, as the bank chose to focus on mid-market clients. The company...
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September 24, 2024, 07:42 AM
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LSQ recently originated a $1 million credit facility for QualDoc, a Richmond, Virginia-based staffing firm. The new facility builds on an existing relationship between LSQ and QualDoc; the company is a long-time user of Qwil powered by LSQ, an...
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December 12, 2023, 07:07 AM
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eCapital closed a $15 million ABL revolving credit facility and a $2 million term loan to TalentBridge, a prominent recruiting and staffing agency with offices across the U.S. The deal adds to eCapital’s deep portfolio and unmatched experience in the...
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September 15, 2022, 07:14 AM
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eCapital showcased its commitment to providing faster and more flexible payroll funding solutions to staffing companies by issuing over $53MM in new and increased facilities as of June 2022.Under the guidance of staffing industry financing veteran...
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July 27, 2022, 07:32 AM
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Runway Growth Capital closed a senior secured term loan commitment of $65 million to Snagajob.com, Inc. (“Snagajob”), the nation’s largest marketplace for hourly jobs and shifts. Partnering with 24 of the top 25 hourly-work employers and thousands of...
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January 06, 2022, 08:04 AM
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White Oak Commercial Finance, LLC (WOCF), a provider of lending services to the middle-market, announced that it has launched a new asset-based lending offering designed for the staffing sector.WOCF has been providing working capital financing...
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November 28, 2017, 08:01 AM
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Gibraltar Business Capital announced the launch of a new service line dedicated to the unique needs of the staffing industry.
“Gibraltar has experience managing the financial needs of staffing agencies across a wide range of industries,” explained...
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September 12, 2017, 07:14 AM
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Kforce Inc., a provider of professional staffing services and solutions, announced it has completed a new $300 million revolving credit facility with a syndicate led by Wells Fargo Bank, N.A. The new credit facility, which expires in May 2022...
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May 26, 2017, 07:23 AM
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