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Capital One Closes $200MM Senior Credit Facility for Maxim Healthcare

January 27, 2021, 08:00 AM
Filed Under: Healthcare

Capital One served as administrative agent and sole lender for a credit facility totaling $200 million for Maxim Healthcare. The credit facility will be used to support continued growth in Maxim’s home care and staffing businesses. Maxim is one of the largest providers of home health and medical staffing in the United States, with more than 400 branches in 37 states.

“Capital One was able to complete the deal in just 30 days, providing us with funding to support the growth of our staffing business,” said Raymond Carbone, Maxim’s Chief Financial Officer. “The team’s in-depth knowledge and expertise in the healthcare industry allowed us to execute quickly during a critical time for our patients.”

Maxim has turned to Capital One for financing and treasury management services for over a decade. “This transaction really showcases the benefits of a longstanding client-lender relationship,” said Jeffrey Hoffman, Managing Director for Capital One Healthcare Finance. “Having worked with Maxim Healthcare for more than a decade, we had the understanding of their business that enabled us to provide quick execution.”

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