PORTLAND, OR — (Marketwire) — 08/09/11 — Doral Healthcare Finance (“DHF”) today announced it has provided $13.3 Million in asset-based working capital facilities to three healthcare companies.
$7.0 million provided to a national nursing home chain for its Texas locations.
$3.3 million provided to a Utah-based nursing home chain with locations in Utah and Arizona.
$3.0 million provided to a home health company specializing in personal care assistance and adult day care services located in the Northeast Tri-State region.
“Doral Healthcare Finance is pleased to provide working capital facilities for our three newest clients as we continue on our trajectory to provide asset-based loans to the healthcare industry. These facilities will assist our clients in managing their growth objectives,” said Jennifer Sheasgreen, DHF Managing Director.
Doral Healthcare Finance provides asset-based, working capital lines of credit to providers of goods and services in the healthcare industry nationwide, including hospitals, home healthcare agencies and long-term care facilities with financing needs from one million to $20 million. Doral serves clients nationwide from their headquarters in Portland, Oregon. For more information on DHF services, please visit or contact (855) 277-7895.