Access Capital closed a credit facility in the amount of $3 million to a New York- based court reporting company. The borrower provides court reporting personnel and services including reporters, videographers, translators as well as conference room space to law firms. A family owned operation for over twenty years, the company is renowned for offering boutique style service with the finesse of a larger firm.
The line provided by Access Capital enabled the company to exit its current financing relationship which was becoming more and more restrictive given the company’s 35% annual growth rate over the past four years.
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 throughout North America.