Access Capital provided a $15 million credit facility to Phaxis, a New York-based provider of workforce solutions that specializes in delivering tailored solutions to companies across the healthcare, technology and finance sectors.
Phaxis was supported by a bank facility that was not in alignment with the company’s plan for aggressive growth. A more flexible working capital solution was needed in order for Phaxis to reach its potential and continue its growth trajectory. Access Capital was selected as a financial partner to provide a financing solution to support the company’s evolving needs as it continues to realize expansion.
