HOUSTON — Flatbay Capital has secured a $1.2 million commercial real estate line of credit for a Houston-based healthcare provider specializing in holistic medicine. The financing will help the medical facility pay off existing debt while providing additional working capital to support continued growth.
The Situation
The healthcare provider, which focuses on changing patients’ overall lifestyles and eating habits, has developed a reputation for its innovative approach to wellness that impacts patients throughout Texas.
In 2010, the founder created a small restaurant to offer healthier food options to in-house and returning patients, though it never generated significant profit. Between 2022 and 2023, the company reinvested income from its wellness practice into rebranding efforts for both the holistic clinic and restaurant.
These substantial investments resulted in steep short-term losses. While the investment eventually proved successful, the company’s financial history during this period closed the door to conventional banking options.
Seeking a flexible financing solution, the healthcare provider was referred to Flatbay Capital’s Business Development Officer, Vivian Thompson.
The Solution
Flatbay Capital structured a $1.2 million commercial real estate line to address the healthcare provider’s immediate needs, paying off existing debt while making remaining proceeds available for working capital.
“I am very proud that we are able to tailor our products and services to the client and meet them where they are,” says Thompson. “Going forward, the healthcare provider will lower marketing expenses to a steady level and increase employment levels as needed as they continue to grow.”
