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


Culain Capital Funding Closes $1MM A/R Financing for Texas Workforce Solutions Provider

May 24, 2024, 07:14 AM
Filed Under: Staffing Services

Culain Capital announced the origination of a $1,000,000 accounts receivable financing to a prominent Texas-based workforce solutions company. This strategic funding will empower the company to enhance its operational capacity and continue delivering exceptional workforce services across the state.

The Texas workforce solutions company, renowned for its comprehensive employment and staffing services, plays a critical role in connecting employers with skilled professionals with industry expertise in providing fully trained and certified workforce solutions to the ship repair, marine, offshore, and industrial construction industries. The clients cater to a diverse range of positions including supervisors, pipe fitters, welders, electricians, machinists, and more.  With this substantial financial backing from Culain Capital, the company is set to optimize its cash flow, manage its receivables more efficiently, and scale its operations to meet growing market demands.

"We are thrilled to support this dynamic workforce solutions provider with the necessary funding to accelerate their growth and operational efficiency," said Dan Stacy, Senior Vice-President of Culain Capital. "Our accounts receivable financing is designed to offer companies like this the financial flexibility they need to thrive in a competitive marketplace."

This funding aligns with Culain Capital's mission to provide customized financial solutions that drive business success. By partnering with industry leaders and understanding their unique needs, Culain Capital continues to foster growth and innovation within various sectors.

Week's News

Comments From Our Members

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