EAGAN, MN – March 11, 2019 – ARA, Inc. dba Lone Oak Payroll, a premier payroll funding and comprehensive back office services provider, is pleased to welcome Kevin Standa as Vice President of Credit. Standa brings more than nine years of experience in the financing industry with a strong background in factoring, credit and risk management. “Standa’s extensive industry experience will play a central role in the continued growth and success of the Lone Oak Payroll team,” says David Dourgarian, … [Read more...]
Lone Oak Payroll® Closes Wells Fargo Secured Credit Facility to Enhance Payroll Funding Services
EAGAN, MN – May 3, 2018 – ARA, Inc. dba Lone Oak Payroll and its trusted partner TempWorks Software® are proud to announce closure of a $17,000,000 secured credit facility with Wells Fargo Capital Finance. The new facility will enable Lone Oak Payroll to expand its staffing industry payroll funding activity as well as support its current customers’ organic growth. “Closing this facility has exposed us to a greater degree of financial scrutiny crucial for our marketplace considering … [Read more...]