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White Oak Commercial Finance Provides $7MM A/R Facility to Technology-Focused Staffing Company

March 01, 2022, 07:54 AM
Filed Under: Staffing Services

White Oak Commercial Finance provided a $7 million factoring facility to a technology-focused staffing firm specialized in automating and streamlining temporary staffing services to warehouse and distribution centers throughout the United States.

The transaction was structured against the company’s accounts receivable for working capital and to support the growth of its innovative services to light industrial companies and managed service providers (MSPs).

“White Oak recognized immediate and long-term financing needs of this transformative staffing firm and was able to provide a fast and scalable solution to meet its business goals today and tomorrow,” said White Oak Managing Director, Robert Mocerino.

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