Access Capital announced that Terry M. Keating has been named as its Chief Executive Officer.
Keating has more than 30 years of senior management experience in the financial services industry, including most recently leading an asset-based lending business, in addition to 15 years serving as a lender to the asset-based lending industry and ten years as a consultant and investment banker serving the industry.
From 2014 to 2021, Keating was the President of Accord Financial, Inc., the US asset-based finance unit of a Canadian public company. He has previously held positions at Amherst Partners, Bank of Scotland, Hovde Financial, and LaSalle Bank.
Keating is active in various industry associations. He is also an active member of the Secured Finance Network, including serving as a member of its Diversity, Equity, and Inclusion Committee, and Data/Advocacy Committee. Additionally, he is active in the New York Institute of Credit, Association for Corporate Growth, Alliance of Merger & Acquisition Advisors, and Turnaround Management Association.
“My husband Miles and I founded Access Capital in 1985 with a mission to serve entrepreneurs and to grow our business alongside them,” said Marcie Stuchin, co-founder and Board Director. “With Terry, we add a proven leader who will help us continue to accelerate Access’ growth in a manner that best serves our clients. As proud as we are of our past, we’re even more excited about our future.”
“Access Capital has a distinguished and impressive history of excellence built on the principles Miles and Marcie founded the business on; it is an honor and a privilege to lead the Company in its next chapter,” commented Terry. “I am very excited to work with this experienced, professional team led by Co-Presidents, Paul Mehring and Angela Santi. Capitalizing on the momentum they’ve built, there is a tremendous opportunity for capturing additional growth and expansion given the strength of its operations and the support of the shareholders.”
Access Capital, Inc. is a New York-based commercial finance firm and the nation’s leading independent lender to the staffing industry. The firm provides working capital lines of credit from $500,000 to $25 million and term loans up to $5 million to clients to support their ongoing business and finance growth strategies, including M&A, strategic investments, and shareholder buyouts.