Viva Capital Supports Retail Staffing Company’s Growth Amid Increased Demand

Viva Capital Funding (“Viva Capital”), a leading specialty finance company focused on customized working capital solutions, recently provided a financing line of $1,000,000 to a retail staffing agency supporting multiple Walmart locations. 

The staffing company was experiencing significant growth as Walmart increased its staffing needs and requested expansion across additional locations. However, the company faced a working capital gap due to substantial weekly payroll requirements and customer invoices being paid on Net 60 terms. 

Weekly staffing expenses ranged from approximately $50,000 to more than $120,000 per location, creating significant cash flow demands as the company expanded. 

Viva Capital provided invoice factoring against the staffing company’s outstanding receivables, giving the business access to working capital while awaiting customer payments. The financing enabled the company to: 

• Add employees needed to meet increased staffing demands 
• Fund ongoing payroll requirements 
• Support expansion into additional locations 
• Pursue growth without taking on a traditional loan 

The transaction highlights the working capital challenges businesses can face when growth accelerates faster than customer payments. For companies with significant upfront operating expenses and extended payment terms, access to working capital can help bridge the gap between delivering services and collecting revenue. 

About Viva

Founded in 1999 in El Paso, Texas, Viva Capital Funding provides working capital solutions including invoice factoring, accounts receivable financing, purchase order financing, and asset-based lending to businesses throughout the United States. Viva Capital serves a wide range of industries including manufacturing, staffing, transportation, construction, and government contracting. Additional information is available at VivaCF.net.