Access Capital closed a $2.5 million facility transaction for Mamiya America, an importer and distributor of supplies to professional photographers and filmmakers.
Mamiya America has been in business for 30 years and had a long standing bank relationship for most of its existence. Due to a company restructuring, the bank decided it could no longer support the relationship.
The bank’s Special Assets/Workout Group introduced Mamiya’s owner to Access Capital. Access Capital structured a financial solution that replaced the company’s existing bank line while fostering partnership and growth.
“I thought transitioning from a 30-year commercial banking relationship to an asset-based lending relationship would be a nightmare, however it’s been just the opposite,” said Jan Lederman, president and founder of Mamiya America. “Since the very first day I spoke to Vince Grillo about who Access Capital was, and why I should select them versus several other banks and ABL lenders, my experience has been nothing but positive.”
