eCapital provides Roseville, MI industrial staffing company a $500K payroll funding line to expand operations
A Michigan-based industrial staffing firm was seeking funding to secure additional working capital for its business expansion. An industry partner made the referral, connecting the staffing firm with our team of industry experts. The firm’s existing funding provider could only provide an advance of around 60% on their invoices. Our team was able to increase the advance rate to 90% allowing them to capture most of its profits upfront and have more immediate capital to grow its business.