Daily News: May 31, 2012

CapitalSource Healthcare Credit Closes Two Transactions

CapitalSource Healthcare Credit announced that it closed two healthcare-related transactions totaling $46 million. The deals include:

  • a $11 million asset-based loan to Reliant Senior Care. The deal was closed in March 2012.

  • a $35 million asset-based loan to Gulf Coast Healthcare LLC. The deal was closed in January 2012.

    Focused primarily on transactions ranging from $1 million to $50 million, the CapitalSource Healthcare Credit Group continues to provide debt capital with an unmatched product array, including: asset-based loans, cash-flow loans, first mortgage real estate loans and stretch senior loans.

    CapitalSource Inc. is a commercial lender that provides financial products to small and middle-market businesses and offers depository products and services in southern and central California through its wholly owned subsidiary, CapitalSource Bank.