The Customer
Private Equity Sponsored Healthcare Provider
The Challenge
- High growth, needed additional liquidity
- Equipment was located in 3rd party locations, from physicians offices, to hospitals, to homes
Done Deal.
- We were able to get comfortable with the growth trajectory and story to fund against these essentially unsecured assets
- Provided a ~$1.8MM Sale-leaseback to provide cash back on the balance sheet
- Covenant free, non-dilutive, fixed rate financing to support their growth
- Worked alongside sponsor to ensure the interests of the firm and company were considered
Business Cycle Volatility
Wider credit appetite for companies in all phases of the business cycle.
