Temporary Staffing Firm
Initial Funding: $250,000
A New Jersey-based temporary staffing firm was dangerously cash deficient. All investment capital had been deployed, but growth continued at an aggressive rate. While new accounts should have been a cause for celebration, the firm simply could not keep up with the growing demand of meeting weekly payroll. They needed a solution quick.
Within ten days, The Hamilton Group was able to visit with the firm, evaluate their financial scenario, and structure a deal that would give them the one resource holding back growth. With Hamilton, the firm not only got the cash they needed quickly, they avoided the additional equity dilution that further rounds of venture capital would have imposed.< Previous Next >