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Access Capital Closes $1MM Facility to NY Recruiter

December 16, 2014, 07:16 AM
Filed Under: Staffing Services

Access Capital has closed  a $1 million credit facility to a New York based professional recruitment agency specializing in the placement of candidates in permanent, contract and temporary positions within the financial services industry.     

The borrower, formed in 1990, specializes in accountants and finance personnel, compliance officers, operations staff, portfolio administrators, IT personnel, as well as, brokers and asset managers. Access Capital was able to replace the company’s bank relationship with a working capital facility that is more appropriate for the company’s growth.

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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