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White Oak Provides $3MM Factoring Facility to a Leading Provider of Temporary Staffing and Recruiting Services

Date: Jan 10, 2023 @ 07:58 AM
Filed Under: Staffing Services

White Oak Commercial Finance provided a $3 million factoring facility to a leading provider of temporary staffing and recruiting services with a more than 70 year history of family ownership successfully serving clients across the country.

“We are thrilled to be able to provide this funding facility to help this dynamic business pursue its business objectives and growth plans amidst a quickly evolving labor environment as we further build our presence in the staffing and recruiting industry”

Robert Mocerino, SVP for Staffing and Government Originations at White Oak, added, “In an economic landscape marked by a mix of uncertainty and continued labor tightness, staffing and recruiting agencies play a vital role for a wide variety of businesses and have a considerable growth opportunity. White Oak was pleased to be able to utilize our expertise, industry and sector experience and differentiated approach to craft a bespoke financing solution optimally suited for their business.”

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