Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

Alleon Provides $3.2MM A/R Factoring Facility to Texas Hospital

byAmanda Koprowski
February 28, 2019
in News

Alleon Healthcare Capital, a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., closed a $3.2 million medical accounts receivable factoring facility with a Texas county hospital.

The company is a full-service public hospital which has been servicing its community for over 80 years. It approached Alleon to help it qualify for reimbursements from a federal health insurance program. The federal program requires that hospitals contribute funds into a pooled account in order to receive payments for uncompensated care.

Alleon structured the transaction within three days as a factoring facility made up of medical receivables due from federal health insurance payors with an advance rate up to 80% on eligible receivables.

“We were proud to be able to pull this together for the company within an expedited time frame. This hospital has been providing invaluable services to its community for many years and Alleon is excited to be a part of its cash flow solution going forward.” said Ben Rutkevitz, vice president of business development at Alleon. “Especially today, with so many struggling hospitals across the country, it is important for us to be able to help hospitals maximize their reimbursements for funds they are entitled to.”

Previous Post

Owl Rock Capital Supports Thoma Bravo Acquisition of ConnectWise

Next Post

Republic Provides $6.5MM in Funds to Government Contractor

Related Posts

Deal Announcements

MidCap Business Credit Completes $13MM Asset-Based Credit Facility to Support Acquisition

September 22, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Form Energy Closes $270MM Credit Facility with Lender Syndicate

September 22, 2026
Deal Announcements

ING Capital, KeyBanc, Zions & GridStor Close $220MM Debt Financing Agreement

September 22, 2026
News

Clifford Chance Adds Debt Finance Counsel Snodgrass

September 22, 2026
News

Finegold & Comber Join Vinson & Elkins to Lead Structured Finance & Securitization Practice

September 22, 2026
News

FactorFox Unveils Next-Generation AI-Native Finance Platform

September 22, 2026
Next Post

Republic Provides $6.5MM in Funds to Government Contractor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Capital, Consolidation & Conspicuous Consumption: The Gilded Age Captains of Industry

Capital, Consolidation & Conspicuous Consumption: The Gilded Age Captains of Industry

August 27, 2026

Why the Right Buyer Isn’t Always the Highest Bidder

September 11, 2026

Building Trust Before It Counts: TMA’s Latest Leading Edge Episode

September 4, 2026

TMA Leading Edge Series with Pauline Chow – Private Capital: Finding Value Where Others Don’t

September 20, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years