Marco Completes Funding for Another Staffing Company

Marco Capital Inc. established a $600K factoring facility for a New York based staffing company specializing in providing global technology firms with temporary personnel.  Building the business and extending terms to its customers was stretching out cash flow and impacting further growth. The client appreciated the quick turnaround time to close and fund this account and said, “Marco was a pleasure to work with.  Their professionals were always available and efficient, and made me feel like I was a priority”.

Barry Kastner, Marco’s EVP & Senior Managing Director added that “We appreciate the confidence that this entrepreneur and his team have in Marco. This transaction closed without a hitch.  We replaced a lender that was not fulfilling our client’s needs.  The facility is expandable as the client grows, and over the initial two-year term, this added finance flexibility will give the client the fuel needed to support their growth”. Marco’s CEO and co-founder Jacob Shoihet commented, “Marco’s impressive growth continues, as we support businesses in a variety of different sectors.  From small exporters in Latin and Central America to US and Canadian business seeking cash flow, Marco provides customized solutions for each transaction it encounters.”

Marco is revolutionizing global trade by providing reliable, working capital for North American and Latin American SMEs. Marco addresses the $350 billion financing gap in Latin America by developing an innovative and proprietary risk model that processes data in real-time to dynamically assess risk and mitigate capital loss. Its factoring approach to trade finance reduces risk and frees up cash, enabling underserved SME exporters to continue operations and invest in growth. Founded in 2020 by Peter D. Spradling and Jacob Shoihet, Marco is headquartered in Miami, FL with offices in New York and across Latin America. Marco is backed by Antler and Struck Capital, and its credit facility is underwritten by Arcadia Funds, LLC. For more information on how Marco can help power your exports with working capital, please visit marcofi.com.