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Access Capital Provides $1.95MM to Fashion Industry Supplier

June 14, 2013, 07:06 AM
Filed Under: Specialty Industries

Access Capital closed a credit facility in the amount of $1.95 million with a New York-based photo and video production company specializing in offering their services to top fashion brands and major retailers looking to enhance their websites and engender e-commerce traffic.  The company's specialty  is providing full production services to their clients; a business model which encompasses all stages of the production process including studio rental, photo retouching, digital asset management and catering. 

The credit facility consists of a $1.5 million revolver against accounts receivable and a $450,000 equipment based term loan.  The new financing provided by Access Capital has enabled the borrower to replace its existing lender and provide a larger credit facility to support the company's growing clientele.  

Access Capital is a privately held non-bank lender that has been supporting the growth of entrepreneurial companies for more than 25 years.  We are headquartered in New York and offer our asset based lending programs nationwide.





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