Member News — Access Capital Partners with IT Staffing Firm; Provides Working Capital Facility Designed for Growth
July 11th, 2018
Access Capital has recently provided a credit line for $850,000 to Professional Resource Group, a provider of IT and engineering professionals. The new borrower is based in Oregon and has been in business for a decade. Professional Resource Group has an established service model of delivering value to clients while practicing efficiency and prides itself on its ability to match candidates not merely by technical fit, but also by unique soft skills and personality.
Professional Resource Group’s capital requirements were outgrowing the limits of its traditional bank line of credit. At that time, the principals of Professional Resource Group began working with the team at Access Capital to structure a working capital facility to replace the bank loan and support the continued growth of the business.
Steve Rhodes, President of Professional Resource Group speaks of his experience with Access Capital:
“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.”