Daily News: September 10, 2012

Doral Healthcare Finance Provides $14.5MM to Three Companies


Doral Healthcare Finance said it has provided $14.5 million in asset-based working capital facilities to three healthcare companies. The transactions include:

  • $10 million to a company that provides specialty closed-door pharmacy services primarily related to hemophiliacs and IVIG therapies in Philadelphia, New York and Chicago.

  • $2.5 million provided to a home health company that provides services in the general metropolitan areas of Minneapolis and St. Paul, MN.

  • $2 million line of credit to a company that provides physical, occupational and speech therapy primarily to residents of nursing homes and assisted living facilities in Ohio.