Access Capital announced its latest transaction of a revolving credit facility of $1.65 million and a term loan of $100,000 to a company based in New Jersey.  The new borrower provides IT consultants and is also a reseller of software suites

The company was formed in 1995 and in addition to its reputable IT consulting and solutions business, they have earned the status of preferred partner in its software reselling strategic partnerships.  The company was experiencing losses as well as volatile revenue patterns within the software business. Its lender, a large national bank, suggested the company seek an alternative financing arrangement.  Access Capital was introduced to the company via a management consultant and was able to provide financing to replace its bank line and additional working capital to support the future plans of the company

Access Capital is in its 30th year of serving as a partner to entrepreneurs and provides asset based lending, advisory services, and acquisition financing to clients.  We are the premier provider of financing solutions to the staffing industry and offer our services nationwide.