Change Capital provided $1.85 million in funding to Premier Urgent Care, a healthcare provider based in Philadelphia with 19 locations throughout Southeastern Pennsylvania.
Change Capital’s financing has been leveraged to help the company grow out its geographical footprint, with the latest tranches serving to bridge to the recently-announced acquisition of the company by Tower Health.
“Change Capital has been instrumental in our growth over the past two years. They replaced our previous complicated and onerous credit facilities with creative and flexible financing, allowing us to be acquired at a very desirable valuation,” said Dr. Edward Silverman, founder and CEO of Premier Urgent Care._x000D_
Premier Urgent Care delivers acute medical care in a walk-in facility outside of a traditional emergency room.
With headquarters, underwriting and back-office operations in New York and origination and service locations in Chicago, Los Angeles, and Atlanta, Change Capital provides creative, flexible, and timely capital solutions to small and medium businesses across the country.
