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About Malace|HR

Malace|HR is a nationwide staffing services company headquartered in Michigan. Since 1998, the company has helped organizations across North America solve workforce challenges through temporary staffing, on-site HR management, and strategic recruiting. Serving industries ranging from automotive and logistics to healthcare and education, Malace|HR places everyone from skilled trades professionals to executive leadership, providing clients with qualified talent when they need it most.

The Challenge

For staffing companies, growth creates a unique cash flow challenge.

Employees must be paid weekly, while customers often pay invoices 30 to 60 days later. Every new contract requires significant working capital long before the revenue from that work is collected.

As Malace|HR secured larger contracts and expanded into new markets, payroll obligations could increase dramatically in just a matter of weeks.

"We could have payroll increase by $250,000 to $300,000 a week over the course of three weeks," says CFO Alan Przekora. "That means I may need an additional million dollars of availability almost overnight."

Following the pandemic, Malace|HR experienced its most significant period of growth yet. As payroll requirements accelerated, its existing banking relationship could no longer provide the flexibility or funding capacity needed to support that expansion.

Recognizing the need for a more flexible financing partner, the company turned to Oxford Commercial Finance.

The Solution

Malace|HR didn't simply need a larger credit facility. It needed financing that could evolve as the business evolved.

Rather than asking Malace|HR to fit into a standard lending program, Oxford Commercial Finance took the time to understand the company's business model, cash conversion cycle, and growth plans before designing a financing solution tailored to its needs.

"They listened to what our needs were going to be," Alan says. "They understood our business, understood our opportunities, and worked with us to design a funding arrangement that was a win-win for both of us."

• Scalable financing. OCF's financing structure is designed to grow with Malace|HR, scaling to support bigger opportunities as they emerge.
• Customized solutions. OCF structures financing around the realities of the business, including custom carve-outs when invoicing and payment structures change, rather than relying on one-size-fits-all lending models.
• Responsive communication. Whether facing a routine question or an urgent need, Alan knows he can reach decision-makers quickly and trust they'll respond.
• A true business partner. OCF works collaboratively with Malace|HR to solve challenges and identify opportunities, not simply approve transactions.

“I truly view them as an instrumental partner to our business,” says Alan.

The Outcome

42 States
Nationwide staffing footprint supported by financing that scales with demand.

Largest Customer Secured
Customized financing helped Malace|HR pursue, and continue supporting, what is now its largest customer.

Scalable Growth
Working capital expanded alongside receivables, giving leadership the confidence to pursue larger opportunities.

Honest Advice

OCF will tell you if a deal is right for your business, or if it isn't. That directness is what Alan calls the foundation of the relationship.

What Changed

Five years later, the relationship looks very different than the financing agreement Malace|HR originally signed. The business changed. So did the financing.

Even as new workforce management systems transformed how staffing companies invoiced customers, reconciled payments, and managed receivables, OCF worked alongside Malace|HR to adjust its financing structure and create customized carve-outs that aligned with the new realities of the business while preserving access to capital.

That flexibility enabled them to pursue new opportunities and ultimately grow what is now its largest customer relationship.

For Alan, what stands out most isn't simply the financing, it's having a partner who understands that business needs change and is willing to change with them.

"I truly view them as an instrumental partner," he says. "They're someone you can rely on, someone you can trust, and someone who will move mountains to make things happen."