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

May 18, 2021, 07:33 AM
Filed Under: Healthcare

Siena Healthcare Finance provided a $12,000,000 working capital facility for 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 continues to grow 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,” said Ed Kauffman, Siena Healthcare Finance Managing Director.

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