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Access Capital Closes $1.85MM Facility for Staffing Company

February 08, 2016, 07:37 AM
Filed Under: Staffing Services
Related: Access Capital

Access Capital recently closed a new transaction consisting of a revolving credit facility of $1.75 million and term loan totaling $100,000.  The borrower is a staffing company specializing in the light industrial sector. 

The company, headquartered in Indiana, has been in business for nearly thirty years and is a woman owned entity.  The company’s bank line had become too restrictive to its recent growth in sales.  As such, Access Capital structured a larger and more malleable line of credit to allow the company to execute on its growth opportunities. 

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