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Access Capital Closes $6MM Facility to Sales Rep Company

April 28, 2016, 07:03 AM
Filed Under: Media

Access Capital has closed a senior credit facility in the amount of $6 million.  The new borrower is an independent audio and digital sales representation organization in the network radio and advertising industries. 

The company, which was formed in 2010, is based in New York and provides clients with a customized combination of carefully selected audio platforms formulated to target the ideal customer of a brand. The company utilized its member capital contributions and loans as well as a SBA loan to fund operations since inception. Management sought a financial partner to provide them a credit facility that would support their substantial organic growth as well as provide the necessary capital to enter new media outlets.

Access Capital is a privately held non-bank lender that has been supporting the growth of entrepreneurial companies for nearly thirty years. Headquartered in New York, Access Capital offers asset-based lending, receivable finance and acquisition financing services to businesses nationwide.

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