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Access Capital Provides $2MM Credit Line to Staffing Company

August 01, 2014, 07:04 AM
Filed Under: Staffing Services

Access Capital has closed a $2 million credit line to a woman-owned enterprise based in New Jersey. The borrower works with government and corporate clients to provide healthcare, IT, and telecommunications personnel. 

The company opened its doors fifteen years ago and provides employees primarily under Federal and State competitive bid contracts, on a nationwide basis. The company chose to part ways with its former lender when that finance company was acquired by a bank. Access Capital’s new business team was able to structure a flexible credit facility that has enabled the company to make internal upgrades and meet the needs of newly acquired customers. 

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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