Tiger Finance has provided a $25 million loan to support the growth of a medical supplies distributor. The five-year loan, finalised on March 31, is part of a larger $175 million funding structure and will help the company manage operations and expand its business.
The company supplies products to nursing homes, hospice care, and home healthcare providers, including items like incontinence supplies, nutrition products, gloves, and respiratory equipment.
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“This loan gives the company more funds and flexibility to support its operations, improve its financial position, and grow in the long term,” said Bob DeAngelis of Tiger Finance. “This market is expanding, and we’re happy to support the company as its growth partner.”
About Tiger Finance
Tiger Finance leverages its deep understanding of assets to meet the complex funding needs of companies across industries. It provides secured loans using assets such as working capital, machinery, real estate, and intellectual property. Its financing options for mid-sized companies include various loan structures, typically offered as term loans.
Tiger Finance is part of Tiger Capital Group, which focuses on secured lending, equity investments, asset valuations, and the sale of consumer and industrial assets.
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