REV Capital Boosts Staffing Client with $3MM Factoring Facility

TORONTO, ON (Mar 20, 2024) – This month, REV Capital’s New York Office secured a $3,000,000 facility for a new staffing client in a noteworthy turnaround of four business days.

Faced with payroll around the corner and a last-minute bank deal that fell through, our newest referral partner needed a quick and reliable funding solution for their client. After a strong collaborative effort by the REV Team, the client received their funding four days later – three full days in advance of their requested deadline.

At REV, we not only support our referral partners with the highest industry commissions, but we help them get their deals funded and off the street in record time.

“This type of deal would take two to three weeks to close by a typical factor, let alone four days,” says Mark Dubs, President of REV Capital (NY). “This was a direct result of proactive leadership and our team’s ability to work like a polished assembly line while leaving no stone unturned.”

Honorable mentions are extended to Loren Shifrin, CEO, and Danielle Reboli, Executive Vice President, for steering the expedition of the facility across departments.

“This success speaks to our commitment to factor with absolute flexibility," says Shifrin. “We move with speed, offer highly competitive advanced rates at a fraction of the cost of other alternative lenders, and we do it all while providing top-tier back-office administration to maximize growth potential.”  

As the leading provider of full-service factoring across Canada and the United States, REV Capital takes a hands-on approach from the initial stages of every facility, ensuring time-sensitive needs are met with industry-leading expertise. This deal was met with rapid-fire efficiency, granting the client fast access to funding with ample time to manage their allocations in advance of their deadline.

Whether a company needs quicker cashflow or is seeking support to scale their business for the long term, REV Capital is a transparent, affordable, and flexible finance partner with its clients’ best interest at the forefront of their process.

ABOUT REV CAPITAL

REV Capital is a rapidly growing financial factoring company and asset-based lender with multiple offices across North America. They are leading providers of trustworthy, transparent, and reliable cashflow solutions that provide clients with financial stability and opportunities for growth. For more information visit www.revinc.com.