Situation: Phaxis is a NY based provider of workforce solutions and specializes in delivering tailored solutions to companies across the healthcare, technology, and finance sectors.
Phaxis was supported by a bank facility that was not in alignment with the the company’s plan for aggressive growth. A more flexible working capital solution was needed in order for Phaxis to reach its potential and continue its growth trajectory.
Solution: Access Capital was selected as a financial partner to provide a financing solution to support the company's evolving needs as it continues to realize expansion.