STAFFING COMPANY FUNDING NEWS & EVENTS AROUND THE COUNTRY

Thinking About Buying or Selling – It May Be Time! by G. Allen Geyer, AGR Financial

While the media has been crying “doom, doom”, the temporary personnel industry has come back nicely. This is evidenced by reports in trade journals as well as individual conversations with companies in the industry, trade groups and vendors. At one point the industry was down 40 percent and, in our case, AGR Financial’s lending portfolio was down approximately the same amount. Today we have experienced over a 40 percent increase in our funding portfolio from same company sales plus very strong demand overall.