SG Credit Partners provided a $5 million senior secured cash flow term loan to a family-office backed provider of mental and behavioral health services catering to Medicaid patients.
The company was experiencing growth due to a combination of strong demand and positive regulatory tailwinds. To capitalize on this growth, the company sought a non-dilutive debt facility to fund expansion opportunities requiring hard upfront costs.
SG Credit Partners underwrote the company’s history of profitability, variable cost nature and positive growth trends and structured a $5 million credit facility to provide the company with the immediate capital it needed to open new locations in its pipeline as well as a delayed draw component to scale with the company.
