Press Releases

Advance Payroll Funding Ltd. Expanding Business Development to Meet Growing Demand

CLEVELAND, Oct. 9, 2012 /PRNewswire/ -- Advance Payroll Funding, Ltd. announced today that it is expanding its business development capabilities to meet growing demand for its solutions for the staffing industry. 

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Effective immediately, Jack Terrana has joined Advance as a senior member of the business development team.  Jack has been a leader in the staffing industry for over 20 years, building expertise in funding, back office services, and software solutions for entrepreneurial staffing firms across the U.S.  Advance CEO Joel Adelman commented, "Jack is a force in the staffing industry and brings experience and expertise to Advance and to our clients.  Jack's in-depth of knowledge will be invaluable as we increase our capacity to assist clients with customized growth programs and larger, more complex capital needs."  Mr. Terrana will remain based in New York.

Also effective immediately, Shelly Sweedler, Director Client Engagement / Government & Diversity, will move to back to Advance's headquarters in Cleveland, Ohio.  "Shelly has been with Advance for over five years and helped lay the foundation for our Government and Diversity programs," says Adam Stern, President of Advance.  He continues, "Advance keeps a sharp focus on client growth, and as we continue to increase our support of this mission, Shelly will drive our client outreach program, assisting clients in identifying and implementing individual programs, customized to help them grow."

The Advance Group of Companies is the nation's leading provider of working capital, process outsourcing, and strategic support to temporary and contract staffing firms. Advance's mission is simple - to help staffing firms grow.  Through it's three operating units – Advance Payroll Funding, Advance Commercial Credit, and Advance Workforce Solutions – Advance provides capital and support to small and large staffing firms across the country and in all labor categories.

Information in this release may involve plans, strategies, expectations, beliefs, or intentions regarding the future. These forward-looking statements involve uncertainties and risks. Any and all forward-looking statements included in this release are based upon information available to Advance Payroll Funding, LTD as of the date of the release. We assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. These factors include, but are not limited to: changes in market and competition, technological and competitive developments and potential downturns in general economic conditions.  

SOURCE Advance Payroll Funding, Ltd.