Invoice Factoring
$10,000,000
FUNDED- DATEDecember, 2023
- DIVISIONHealthcare
- CATEGORYAsset Based Lending
West Coast, USA
eCapital Orchestrates $10MM Refinance and Growth Capital for West Coast Direct-to-Patient Pharmacy
This successful transaction provided a $10 million senior secured credit line to a prominent West Coast direct-to-patient pharmacy to address the pharmacy’s need to refinance existing debt and secure additional working capital to fuel continued growth.
The pharmacy, backed by a private equity sponsor, sought a streamlined solution to refinance their current commercial bank line of credit. eCapital’s expertise in healthcare financing and its commitment to client collaboration proved instrumental. By partnering with the pharmacy, the private equity firm, and the existing bank, eCapital facilitated a smooth refinance and provided the pharmacy with a flexible revolving line of credit.
This tailored financing solution empowers the direct-to-patient pharmacy to optimize its working capital, invest in operational improvements, and enhance its service offerings. eCapital’s ability to navigate complex situations and its commitment to supporting the growth aspirations of its clients were critical factors in the success of this transaction.