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Access Capital gets $130 million revolver from Valley National
By William Gullotti
Buffalo, N.Y., Nov. 15 – Access Capital, Inc. signed a $130 million three-year revolving credit facility with Valley National Bank as administrative agent, lead arranger and bookrunner on Wednesday, according to a press release.
The new revolver, which will be used to fund growth, includes a $30 million accordion.
Based in New York, Access is a commercial lender for staffing companies. Valley National Bank is a wholly owned subsidiary of Valley National Bancorp.
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