White Oak Provides $3MM Factoring Facility to Temporary Staffing and Recruiting Services Company

White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $3 million factoring facility to a provider of temporary staffing and recruiting services with a more than 70-year history of family ownership successfully serving clients across the United States.

“In an economic landscape marked by a mix of uncertainty and continued labor tightness, staffing and recruiting agencies play a vital role for a wide variety of businesses and have a considerable growth opportunity,” Robert Mocerino, senior vice president for staffing and government originations at White Oak, said. “White Oak was pleased to be able to utilize our expertise, industry and sector experience and differentiated approach to craft a bespoke financing solution optimally suited for their business.”