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Access Capital Provides $2.75MM to NJ Manufacturer

April 09, 2014, 07:31 AM
Filed Under: Manufacturing

Access Capital has provided a credit facility of $2.75 million to a family owned New Jersey-based manufacturer, filler and packager of consumer products serving customers that are leading brands in the retail, health & beauty aid, and cosmetic industries. The credit facility includes a $2 million working capital line along with a capital expenditure line of $750,000.  

The company’s business model has been evolving over time at the request of its key customers from a packaging and filling operation, to a full turn key contract manufacturer enhancing their competitive advantage. Access Capital’s credit facility provides entirely new funds to support this transition.

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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