Porter Capital Expands in Staffing Industry with Strategic Acquisition

BIRMINGHAM, Ala., Feb. 6, 2025 /PRNewswire/ -- Porter Capital, a leader in specialty financing solutions, has acquired a prominent factoring firm specializing in the staffing sector. This strategic move expands Porter Capital's presence in the staffing industry and underscores its commitment to delivering tailored financial solutions to B2B businesses across the United States.

This acquisition integrates the firm's client portfolio into Porter Capital's operations, ensuring uninterrupted funding access and exceptional service. Key staff members have also joined Porter Capital, adding valuable expertise to enhance relationships and drive innovation.

To support the staffing sector, Porter Capital continues its collaboration with the American Staffing Association (ASA). Building on its success at ASA's Staffing World 2024 in Nashville, the company is gearing up for Staffing World 2025 in Orlando to strengthen industry ties, share insights, and empower businesses with tailored funding solutions.

"This acquisition marks a milestone for Porter Capital as we expand our reach and strengthen our role as a trusted financial partner in the staffing sector," said Kate Smith, Senior Vice President and COO of Porter Capital. "We're excited to welcome new talent, grow our client base, and continue delivering the exceptional service our clients value."

With this acquisition, Porter Capital reaffirms its mission to empower staffing companies with fast, flexible funding solutions, helping them overcome cash flow challenges and achieve sustainable growth.

About Porter Capital
Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. The company provides working capital solutions to businesses nationwide across various industries. As a direct lender and factoring company, Porter Capital has funded billions since its inception. It offers Invoice Factoring and Asset-Based Credit Lines of up to $25 million. Over the years, Porter Capital has expanded its services to include a specialized transportation division known as Porter Freight Funding. The Porter businesses continue to grow by delivering working capital solutions with a focus on personalized, dedicated customer service, while maintaining speed and efficiency. To learn more about Porter Capital Corporation and how it can support your business, call 1-888-865-7678, email [email protected], or visit www.portercap.com.

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SOURCE Porter Capital