Daily News: February 5, 2013

Access Capital Closes $25.8MM in 2012


Access Capital announced that it provided twelve transactions last year totaling $25.75 million.

The following is a brief summary of the transactions, which were mostly A/R ABL related except where noted:

  • $750,000 to a New York-based architectural design firm

  • $500,000 to a New Jersey-based legal staffing firm

  • $8 million (included $2 million term loan) to a New Jersey-based popcorn manufacturer

  • $1 million to a New York -based internet marketing firm

  • $250,000 to a New York -based staffing firm

  • $2 million to a New Jersey-based IT consulting firm

  • $1.25 million to a New Jersey-based Outdoor Media Firm

  • $1 million to a New York-based IT consulting firm

  • $1.25 million to a Ohio-based logistics company

  • $7 million to a Arizona-based electromechanical components manufacturer

  • $750,000 to a New Jersey-based staffing firm

  • $2 million to a New York-based graphic design firm