Access Capital Provides $1 Million Credit Facility To Signify Technology

Access Capital recently added Signify Technology Group (“Signify”) to its portfolio.

Signify is a technology recruitment company based in Santa Monica, CA and is the US subsidiary of Signify UK. The new borrower has an established specialization in placing engineers who are distinctly trained in a unique programming language known as Scala and was founded by Ryan Adams, a recruitment industry veteran with over 14 years of experience.

Signify was previously financed with a factor in an arrangement that was no longer in alignment with the company’s growth trajectory. Adams was referred to Access Capital by an existing client and the Access Capital team worked to establish a credit facility to support Signify’s strategic objectives.

The team at Access Capital has provided excellent service from the very first phone call. I particularly liked the warm nature of the calls which built a solid relationship and how they wanted to fully understand the business and become partners in our future growth story. The funding agreed is substantially better than our existing provider could offer and will alleviate working capital stresses as we rapidly grow. I’m looking forward to partnering with Access over the next few years, not just for the funding, but also for their expertise and advice.

Jonathan Gosden

Group Finance Director

About Access Capital: We are the nation’s foremost lender to the staffing industry and have been serving this sector providing asset-based lending and acquisition financing for over 35 years.

Vince Grillo

vgrillo@accesscapital.com
(212) 644-9300, ext. 103

John McGraw
jmcgraw@accesscapital.com
(212) 644-9300, ext. 101

Paul Mehring
pmehring@accesscapital.com
(212) 644-9300, ext. 167
accesscapital.com