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SLR Business Credit Closes New $2MM Credit Facility for Quantori

September 10, 2024, 07:50 AM
Filed Under: Technology

SLR Business Credit ("SLRBC") completed a $2 million credit facility for Quantori. Based in Cambridge, Massachusetts, Quantori is a comprehensive digital IT service provider for the life sciences and healthcare sectors.

Quantori excels in developing innovative software for the pharmaceutical industry and driving advanced strategies in the world of the big data revolution. The company's expertise spans machine learning, scientific informatics, laboratory informatics, data science, high-performance computing, and artificial intelligence.

Dmitri Baranov, Quantori's Chief Financial Officer said, "I'm pleased to be working on this deal with SLR. They've been extremely friendly and flexible, meeting all our requirements and promptly overcoming challenges. We look forward to maintaining a long-term relationship with them."

"We are delighted to partner with Quantori as a capital partner in this transaction," said Jeffrey Austin, SVP of Business Development at SLRBC. "Quantori is an exceptional team of talented innovators and seasoned experts who provide indispensable IT solutions to the pharmaceutical and life science industries.”







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