Access Capital provided a $1.5 million credit facility to KMG Staffing.
KMG Staffing (dba KMG Healthcare (KMG)) was founded in 2020 in New York by Ken Gelfand who has worked in the staffing industry for two decades. KMG provides trained healthcare talent to hospitals and healthcare facilities.
In a short span of time, the company exhibited rapid growth. It soon became evident that a more economical financing solution would be necessary as KMG expected to continue its expansion.
In order to replace KMG’s previous lender, the company decided to partner with Access Capital to supply KMG with a working capital facility uniquely structured to anticipate continued growth.
