Sterling National Bank Provides $1 Million of Working Capital to 11th Hour Staffing, Inc.

December 2, 2020

Source: Sterling National Bank

Sterling National Bank's Commercial Services Group provided a credit line increase to their previous senior secured credit facility now totaling $1,000,000 to 11th Hour Staffing, Inc. (“11th Hour” or the “Company”). The credit facility will provide working capital to further expand and support the Company’s future projected growth.

Headquartered in Tipp City, OH, 11th Hour is a full-service staffing and recruiting firm. Founded in 2008, the Company is positioned to fulfill hiring and employment needs from entry level to executive, spanning across various industries.

Sterling National Bank is one of the leading providers of financing and administrative services for staffing and IT consulting firms nationwide. If you’re looking to scale operations, it takes more than money. You need a financial ally who understands your business, has the resources to support your growth, and most importantly, listens.

 For more information, contact:

Michael Haddad
President, Capital Finance
Dallas, TX
Office: 214-242-5801
mhaddad@snb.com

Jim Bodie
Sr. Portfolio Manager
New York, NY
Office: 516-682-1816
jbodie@snb.com

Neil Wolfe
Sr. Portfolio Manager
New York, NY
Cell: 212-575-4416
nwolfe@snb.com

Robert Mocerino
Managing Director
Jericho, NY
Cell: 516-998-6000
rmocerino@snb.com

 

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