1st Commercial Credit Facilitates $100K Loan for Temp Staffing Agency
1st Commercial Credit, a financial services provider specializing in invoice factoring solutions, facilitated a $100,000 loan to a Louisiana-based temporary staffing agency to support its expansion into the Florida market. The client is an existing invoice factoring customer of 1st Commercial Credit. The $100,000 loan will be provided over a 24-month term, featuring initial interest-only payments in the first three months.
"At 1st Commercial Credit, we are committed to empowering businesses and fostering growth,” Raul Esqueda, president at 1st Commercial Credit, said. “Extending this loan to our esteemed invoice factoring client showcases our confidence in their exceptional performance and potential for success in the Florida market."