Situation: A provider of Healthcare IT solutions with extensive experience established a goal to grow and become a national provider to leading hospitals and healthcare systems nationwide.
The company experienced a significant uptick in sales soon after its formation and expects revenue growth to further accelerate as they execute their growth plan.
Solution: To support the growth the company was experiencing, management sought to establish a growth financing facility with a lender that has extensive experience in the Healthcare IT solutions vertical.
The team at Access Capital was able to design a credit facility for the new borrower that specifically addresses the expected increase in sales.