FSW Funding completed a $5 million credit line, including an accordion feature, to a California-based staffing company.
The company was having issues with its current lender and was seeking a more partnered relationship. The owners felt that it was time to make a change. FSW was able to use the resources and knowledge in order to get creative and close this transaction smoothly, and within the time constraints provided.
“We are ecstatic to have this growing staffing company on board! In addition to providing funding for our clients, we stress the importance of making all our clients feel like the relationship is a partnership,” said Managing Member and Mounder Robyn Barrett.
“We want to be there to grow with them and see them succeed! When we heard this company was not satisfied with the relationship and communication they were currently having with their lender, we knew we could help them out and treat them as they needed. It worked out that we also were able to get creative with the financing, all leading this to be a perfect match.”