Access Capital closed a credit facility in the amount of $1,750,000 to a New Jersey based company. The new borrower is a family-owned business and a manufacturer of hot stamping foils, holographic diffraction patterns, and holograms. The company's products are used in license plates, ID cards, passports and credit cards. Access Capital was enlisted to advise the company on ways it could improve its internal operations as well as provide the necessary working capital necessary to enter a profitable business cycle.
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.