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Home Deal Announcements

Siena Healthcare Finance Provides $12MM Working Capital Facility to Medical Transportation Company

byIan Koplin
May 18, 2021
in Deal Announcements

Siena Healthcare Finance provided a $12 million working capital facility to a California-based transportation company that provides non-emergency medical transportation. The facility consists of a revolver and term loan against the company’s vehicle fleet. The company provides services in five states and is growing contracts with health plans and providers.

“We are very pleased to be the financial partner for this essential business, and we look forward to supporting the company through their growth initiatives,” Ed Kauffman, managing director of Siena Healthcare Finance, said.

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