Daily News: August 1, 2014

Access Capital Closes Credit Line to NJ Business

Access Capital has closed a $2 million credit line to a woman-owned enterprise based in New Jersey. The borrower works with government and corporate clients to provide healthcare, IT and telecommunications personnel.

The company opened its doors 15 years ago and provides employees primarily under federal and state competitive bid contracts, on a nationwide basis. The company chose to part ways with its former lender when that finance company was acquired by a bank Access Capital’s new business team was able to structure a flexible credit facility that has enabled the company to make internal upgrades and meet the needs of newly acquired customers.