Access Capital Structures Increase in Existing Credit Facility to $15 Million

Access Capital recently closed a transaction with its existing client, Walker SCM, LLC (“Walker”).   

Walker, an Access Capital client for over 15 years is a certified MBE transportation and logistics company headquartered in New York.  Walker is one of the few certified MBE companies in its industry operating in over 25 countries worldwide. AEL/SPAN, LLC (“AEL”) was added to the existing Walker client relationship, increasing the total credit facility to $15MM.

AEL was launched in 2007and provides logistics services to the automotive industry sector. AEL operates six warehouses and performs services such as shipping and receiving, repacking, sequencing and kitting, supply chain management and just in time inventory delivery.

Walker purchased a 70% interest in AEL over the course of the last two years, partially funded by two term loan tranches provided by Access Capital.

“As always, when we need help with a transaction, Access is there to support us. Our success is only as good as the partners we have and Access has always been one of our strongest partners,” said Emmett Walker, Founder and Chief Executive Officer, Walker SCM, LLC.

About Access Capital:  We are the nation’s foremost lender to service industry enterprises and have been serving this sector providing asset based lending and acquisition financing for over three decades.