Situation: KMG Staffing Inc., dba KMG Healthcare (“KMG”) was recently founded in 2020
in New York by Ken Gelfand who has worked in the staffing industry for two decades. KMG
provides trained healthcare talent to hospitals and healthcare facilities.
In a short span of time, the company exhibited rapid growth. It soon became evident that a
more economical financing solution would be necessary as KMG expected to continue its
expansion.
Solution: In order to replace KMG’s previous lender, the company decided to partner with
Access Capital to supply KMG with a working capital facility uniquely structured to
anticipate continued growth.