Daily News: October 9, 2019

Access Capital Provides Financing to HonorVet Technologies


Access Capital provided a $1 million credit facility to HonorVet Technologies, a certified service-disabled-veteran-owned small business (SDVOSB).

HonorVet provides the veteran community with employment opportunities in civilian workplaces in various industry verticals, including information technology, light industrial, healthcare and telecommunications. In addition to helping veterans successfully return to civilian workplaces, HonorVet also provides veterans with training and support for their increased retention in their respective jobs.

Leadership at HonorVet sought a credit facility that would help finance the rapid growth the company is experiencing. Access structured a financing solution to meet HonorVet’s working capital needs and support the company’s strategic growth plans.

“The world is evolving at an extremely rapid pace, and the opportunities for business to grow, differentiate, and compete have never been more dramatic than they are today,” said Asheesh Mahajan, chief operating officer at HonorVet. “Scaling HonorVet successfully is vital to building an enduring company and we are delighted to have Access Capital as our finance partner while we embark on this journey.”