Proposal Issued: $5 Million/mo – Non-Recourse – Staffing Company
Client has violated a loan covenant under their ABL facility with a major bank and need an alternative in place ASAP. Our facility can fund in a week.
Factoring: Fast Cash for Staffing Companies – A quick AR advance
A quick advance against AR for businesses which need cash quickly with traits such as: Less than 2 years in business
Rapidly growing
Historic or projected losses
Highly-Leveraged Balance Sheets
Highly-Concentrated Customer Bases
Owners with Weak Personal Credit or “Character Issues”
Contact me to learn if your Staffing Company is a fit
Connect with Factoring Specialist, Chris Lehnes on LinkedIn