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Access Capital Provides $3.25MM to Staffing Firm

August 24, 2015, 07:56 AM
Filed Under: Staffing Services

Access Capital has closed a senior secured credit facility in the amount of $3.25 million comprised of a $3,000,000 working capital revolver and a $250,000 Term Loan.  The new borrower provides janitorial and building maintenance, general labor, and security services. 

The company is family owned and has operated for over forty years throughout the NYC metro area.  Management sought to replace its previous lender in an effort to engage with a financial provider who would play a more active role as a financial partner.

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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