Sterling Resource Funding Corp has provided a working capital line of credit to a large staffing company

1. Sterling Resource Funding Corp Provides Financing to Joule
Wednesday, January 27, 2010
Sterling Resource Funding has approved a $12 million senior secured line
of credit along with a $1.5 million senior secured term loan to Joule Inc.
The lines will replace an existing lender and be utilized for working capital
purposes.
Joule Inc. is a regional staffing company in Edison, NJ founded in 1965.
The company's operations are divided between two business units:
Staffing Services and Industrial Contracting. The staffing service unit
provides temporary and temp-to-hire staffing as well as direct hire
placement services.
Sterling Resource Funding Corp. provides financing and payroll support
services to clients across the U.S.