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Access Private Capital partners with Primis Bank on a 25-million-dollar warehouse facility

Access Private Capital partners with Primis Bank on a 25-million-dollar warehouse facility
iCrowd Newswire
24 May 2021, 22:37 GMT+10
Access Private Capital today announced an agreement with Primis Bank of Glen Allen, Virginia for a 25-million-dollar warehouse facility. The facility will be used to assist Access Private Capital's lending unit, APC Lending, in funding a loan portfolio dedicated to the SBA 504 1st mortgage loans.
"Access Private Capital brought us a unique strategy that aligned well with both our business and civic objectives," said Stephen Weber, Executive Vice President and Chief Strategy Officer of Primis Bank. "We're looking forward to this partnership and what we'll be able to achieve together."

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