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Access Capital Provides $1MM Credit Line to New York Staffing Firm

Date: Feb 05, 2014 @ 07:16 AM
Filed Under: Staffing Services

Access Capital has provided a $1 million line of credit to a New York City based company that provides recruitment consulting services.  The new borrower specializes in placing digital media, accounting and financial professionals and is led by a thirty year staffing industry veteran.   

The company was recently formed to acquire the business that the founder had previously sold in 2008 and was operating as a division of a larger staffing firm. Access Capital provided the funds necessary to close the acquisition and will be providing working capital as the company enters a new phase of 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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