Daily News: May 30, 2014

Access Capital Closes $1.5MM Credit Line

Access Capital closed a $1.5 million credit line to a Florida-based company specializing in the placement of professionals in the legal sector, primarily, court reporters, videographers and translators for attorneys and parties involved in legal proceedings.

The company was founded 15 years ago by a former court reporter. Their business services extend to clients throughout the Southeast and they’re capable of filling orders outside this region utilizing an established network of industry affiliates, thus making their business both nimble and adaptive. Access Capital’s line successfully refinanced their existing bank credit facility, while providing additional working capital to accommodate their anticipated growth and acquisitions.

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.