Staffing Company - June 2017

Karen Small

Location: Grandville, MI
Industry:Staffing Firm
Revenue: $3 Million
Line of Credit: $400,000 Factoring Facility
Collateral: All Assets of the Company

The American Dream
The American Dream Sterling recently closed a new staffing company in Grand Rapids, Michigan with annual sales of $3 million and open accounts receivable of $305,000. The opportunity came from a smaller factor located in North Carolina. The customer had recently grown larger than his maximum lending limit and the North Carolina factory had successfully referred other clients to Sterling with great success.

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