People Corporation expanded the company's senior executive team with the appointment of Mr. Paul Asmundson in the newly-created role of Executive Vice President and Chief Corporate Development Officer, broadening the company's Corporate Development capabilities.

On December 4, 2017, given recent acquisition activity and the real estate investments, the company strengthened its access to capital through the expansion of its credit facility with its senior lender to a maximum of $82.8 million of credit capacity. The credit facility consists of a $5.0 million revolving facility (the Revolving Credit Facility), a $19.5 million term loan (the Term Loan), a $48.8 million revolving acquisition facility (the Acquisition Revolver), and a $9.5 million delayed draw term facility to finance the company's corporate office project (the Real Estate Loan). The credit facility agreement also provide for an option (the Accordion Feature), subject to the satisfaction of certain terms and conditions, to increase the Acquisition Revolver by an additional $15.0 million of capacity, which would result in the size of the Acquisition Revolver being increased to $63.8 million, and overall credit capacity being increased to $97.8 million. As of December 4, 2017, the company had $19.5 million drawn against the Term Loan, $14.5 million drawn against the Acquisition Revolver and $5.0 million drawn against the Real Estate Loan. As a result, the company has $43.8 million of unused credit capacity before considering the Accordion Feature.