Culain Capital Funding Closes $1.0MM for Texas Workforce Solutions Provider

May 22, 2024

Source: Culain Capital

(Buffalo, NY) Culain Capital, a leading provider of innovative financial solutions, is pleased to announce the origination of a $1,000,000 accounts receivable financing to a prominent Texas-based workforce solutions company. This strategic funding will empower the company to enhance its operational capacity and continue delivering exceptional workforce services across the state.

The Texas workforce solutions company, renowned for its comprehensive employment and staffing services, plays a critical role in connecting employers with skilled professionals with industry expertise in providing fully trained and certified workforce solutions to the ship repair, marine, offshore, and industrial construction industries. The clients cater to a diverse range of positions including supervisors, pipe fitters, welders, electricians, machinists, and more.  With this substantial financial backing from Culain Capital, the company is set to optimize its cash flow, manage its receivables more efficiently, and scale its operations to meet growing market demands.

"We are thrilled to support this dynamic workforce solutions provider with the necessary funding to accelerate their growth and operational efficiency," said Dan Stacy, Senior Vice-President of Culain Capital. "Our accounts receivable financing is designed to offer companies like this the financial flexibility they need to thrive in a competitive marketplace."

This funding aligns with Culain Capital's mission to provide customized financial solutions that drive business success. By partnering with industry leaders and understanding their unique needs, Culain Capital continues to foster growth and innovation within various sectors.

For more information about Culain Capital Funding, please visit www.culaincapital.com  or contact Dan Stacy at 516.244.5590 or via email at dstacy@culaincapital.com.

About Culain Capital Funding 

Led by experienced, hands-on senior managers – and backed by a $5b hedge fund –Culain Capital Funding is a one-stop shop for U.S. businesses that need fast, flexible working capital options beyond typical bank lending.  A privately held company founded in 2022 by James Franz, Joseph Heim, Jim Jarosz and Fred Kulikowski, Culain Capital Funding builds lasting relationships with brokers, business advisors and companies with financing needs by being responsive, transparent, easy to work with, and by providing direct access to decision makers.