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Wells Fargo Provides $15MM in Credit Facilities for Streamline Health

November 25, 2014, 07:41 AM
Filed Under: Healthcare

Streamline Health Solutions, Inc. announced it has finalized the terms of a new credit facility with Wells Fargo Bank N.A. The new facility consists of a fixed rate $10 million senior term loan with an interest rate of approximately 6.5% and a $5 million revolving line of credit.

The credit agreement reflecting the new facility is subject to certain covenants and other conditions customary for agreements of this nature, including the requirement that the company maintain minimum liquidity of $5 million. 

Streamline Health Solutions, Inc. is a healthcare industry leader in capturing, aggregating, and translating enterprise data into knowledg-- actionable insights that reduce exposure to risk, enhance operational performance, and improve patient care.

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