- SLR Digital Finance Provides $500,000 Accounts Receivable Credit Facility to a Digital Media Startup
- J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
- CNH Announces Signing of a €3.25 Billion Committed Revolving Credit Facility
- LSQ Creates $15MM Invoice Finance Facility for Cell Phone Wholesaler
- Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $41.2 Million in Commercial Financing to 61 Businesses in the Second Half of February
Franklin Capital Solves The Cash Flow Challenges Of Two Staffing Companies.
April 21, 2021
Source: Franklin Capital
Franklin Capital is pleased to announce the completion of two new accounts receivable financing facilities.
An accounts receivable financing facility was provided to a UK-owned temp staffing business. The business has successful European operations providing staffing to Facebook and Google. They were looking to expand their services to the US and required a US-based company to accomplish this goal. The facility gives them the ability to successfully launch their new US-based business.
Franklin Capital also provided an accounts receivable financing facility to a franchise of a large staffing firm. The company was given a chance to own its won business. This opportunity required working capital to have to pay temp staff and grow the business.
Franklin successfully provided them with the funding they needed to take on the new business and grow.
About Franklin Capital
Franklin Capital has been helping small to medium-sized businesses meet their cash flow needs for over 25 years by providing accounts receivable, purchase order, international, machine, and equipment financing, all with quick responses - because with Franklin, you can speak directly to the decision-makers! From start-ups to fast-growing companies, or companies experiencing financial difficulties, we provide the financing companies need when they need it.
For additional information, please visit www.franklincapitalnetwork.com.
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