Flexible Working Capital Financing Solutions

The demand for temporary staffing is rapidly growing. Don’t miss business opportunities because your staffing firm has a cash flow shortage. Live Oak Bank offers staffing industry working capital solutions for small- to mid-sized firms.

You’ve defined your niche and developed value for your clients. You deserve a financing partner who embraces the same approach. We give you more money against your invoices than traditional banks, and we cater the package to meet your specific needs. Just as no two staffing companies are alike, neither are our asset-based lending solutions.


Need a little guidance and advice?

Contact an asset-based lending specialist, they’re ready to help.

Connect with an Asset-Based Lending Specialist


Loan Solutions

Lines of Credit

Does your staffing company need to quickly borrow an unknown or unpredictable amount of money? We offer lines of credit to meet this need. A line of credit enables your staffing company flexible access to money when needed rather than selling your accounts receivable in a factoring arrangement.

Factoring

Just because you have slow-paying customers, doesn’t mean you have to slow down. Our flexible approach to factoring enables you to turn outstanding invoices into cash, quickly. By selling your staffing company’s current invoices, you simply turn existing receivables into cash you can use immediately.

 

About Live Oak’s Asset-Based Lending Solutions:

  • Designed for companies with $2MM to $25MM in sales
  • On average, 90% advance for your invoices, between $250k and $5MM
  • Revolving lines of credit
  • Funding available 24-hous a day

Wondering which of these two asset-based lending approaches best fit your business needs?
Discover the Difference


Why Live Oak

A Partner in the Middle

Providing asset-based loans to small and mid-sized staffing companies is our ONLY business. With Live Oak, you’ll discover a unique partner who maximizes the cash available for your receivables and offers a solution that falls between a traditional bank line of credit and often more expensive traditional commercial finance or FinTech financing options.

Flexible Financing Options

Our accounts receivable financing options are catered to your business needs. Whether you choose factoring or a line of credit, we will find a cost-effective and timely solution for you. We understand the strain your business may experience when additional working capital is needed – let us help.

Exceptional Service

We understand the stress of running a successful staffing business – awaiting repayment while compensating your employees and keeping the lights on. We strive to lessen some of your worries by offering cash when you need it. At Live Oak, you’ll enjoy a responsive, dedicated team who genuinely wants to help you reach your goals. We will pair you with an account manager to help with day-to-day needs and questions. We want to see you succeed and will be here to support your cash flow needs each step of the way.

Our Asset-Based Lending Team
understands your business.

Meet the Team