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Access Capital Provides Financing to Importer of Frozen Seafood

April 20, 2018, 07:00 AM
Filed Under: Importer
Related: Access Capital

Access Capital has recently closed a transaction for $2.5 million with a New York based importer of frozen seafood. The new client is a woman-owned enterprise and has been in business for more than 20 years.

The borrower was previously engaged with a bank until certain restrictive covenants proved challenging to the privately held company’s business strategy. The company sought out a new relationship and Access Capital was able to replace the existing line with a working capital credit facility specifically structured and better suited to meet the company’s needs.

We are the nation’s foremost lender to entrepreneurial companies nationwide and have been serving the industry providing asset based lending, acquisition financing, and advisory services for over thirty years.

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