Situation: Howard-Sloan Search, Inc. (“Howard-Sloan”), a leading New York-based direct hire staffing firm operating for over sixty-five (65) years, developed a temporary staffing vertical.As the Company’s temporary staffing vertical demonstrated rapid growth, leadership at Howard-Sloan needed to expand and replace its existing bank line of credit to fund the continuing development of its temporary staffing revenue stream.
Solution: Leadership at Howard-Sloan selected Access Capital to structure a custom financing facility that will support the growth of its temporary staffing business and future business verticals the company may pursue as it continues its expansion.