US Capital Global Advises on Acquisition Line of Credit of up to $20MM for Job.com
Global private financial group provides advisory services for innovative employment firm developing a blockchain and AI platform to revolutionize the recruitment ecosystem.
SAN FRANCISCO, JUNE 2021 – US Capital Global has advised on an acquisition line of credit scalable to $20 million for Job.com, an online employment platform for jobseekers and employers based in the United States that aims to reinvent and humanize the hiring experience. A facility of $5 million has closed so far.
Evolving from one of the first and largest job boards, Job.com is working on combining its deep experience in the recruitment sector with blockchain and AI to streamline and unify the entire staffing and recruitment ecosystem.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, investment management, and capital formation services. The firm provides sophisticated debt, equity, and investment products to lower middle market companies and investors, using the latest FinTech and RegTech innovation.
“It was a pleasure working with US Capital Global on structuring this facility,” said Paul Sloyan, Co-founder, Chairman, and CEO of Job.com. “By combining our deep experience in job markets with a vast expertise in blockchain and artificial intelligence, we have been working hard to revolutionize Job.com and the recruitment market, putting people back in control of their own success. US Capital Global’s financial advice through this process has helped us prepare for the next stage of our business growth. With this financing, we have now closed three deals in six months and have line of sight to several more this year.”
“Job.com is a great example of a company using the latest tech developments alongside dedicated research and a solid understanding of human needs to evolve from its initial success into a new, innovative, and ground-breaking firm,” said Jeffrey Sweeney, Chairman and CEO at US Capital Global. “We enjoyed working with the Job.com team on the company’s acquisition financing needs and were able to provide them with timely due diligence, loan structuring, and strategic advisory on their short and long-term financing needs. We were present every step of the way, helping them resolve issues to secure growth capital for them when it was needed.”
About Job.com
Job.com is an online employment platform that is reinventing the way employers attract, hire, and retain the right teams. Seeking to unify and streamline the entire staffing and recruitment ecosystem, Job.com is developing the only data science platform built specifically for the unique needs of staffing, recruitment, retention, and career management. Serving the unique needs of jobseekers, recruiters, and employers, Job.com is making the hiring experience more human, for everyone. www.job.com
About US Capital Global
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services through its affiliates, including US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and its FINRA-member broker-dealer, US Capital Global Securities LLC. The group collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com
To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapglobal.com or call +1 415-889-1010.
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