The sale of small business finance company Axsesstoday to US private equity firm Cerberus Capital Management has been completed, with the sale of certain of its subsidiaries to an affiliate of Cerberus.The completion of the transaction marks Axsesstoday's exit from administration. It went into voluntary administration in April, after senior lenders told the company they were not prepared to support it with ongoing waivers of breaches of loan terms.The company continues to service a client base of around 10,000 small and medium businesses.Under the deed of company arrangement, A$233 million of debt will be repaid in full to secured creditors. Unsecured creditors will receive between 33.9 cents and 34.9 cents in the dollar. Shareholders will not receive anything.Axsesstoday is not Cerberus Capital's only investment in the local financial services market. Last year it acquired the Australian, New Zealand and Philippines operations of lender Bluestone Group.