Daily News: July 12, 2018

Access Capital Provides $850K Credit Line to IT Staffers


Access Capital provided an $850,000 credit line to Professional Resource Group, a provider of IT and engineering professionals founded in 2008 and based in Oregon.

Professional Resource Group’s capital requirements were outgrowing the limits of its traditional bank line of credit. The principals of the group subsequently began working with the team at Access Capital to structure a working capital facility to replace the bank loan and support the growth of the business.

Steve Rhodes, president of Professional Resource Group, commented, “The team at Access Capital has been very impressive. Their knowledge of our industry has added tangible value to our company. As a lending partner, I found the experience refreshing not having to explain, sometimes repeatedly, what our business model was. The Access team knows precisely what we do and understands the nuances and complexities of our industry which has saved us an immeasurable amount of time and frustration. That, combined with the speed with which they operate, and the flexibility they have demonstrated, has convinced us that we made the wise decision in partnering with Access.”