Siena Healthcare Finance Provides a $12MM Facility to a California Based Non-Emergency Medical Transportation Company

Siena Healthcare Finance recently provided a $12.0MM 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.

About Siena Healthcare Finance

Siena Healthcare Finance, a specialized division of Siena Lending Group, is dedicated solely to serving companies within the healthcare sector, providing for loans from $4 - $30 million. Siena is a leading asset - based lender which serves middle - market companies looking for an alternative to traditional bank financing. Siena offers asset - based loans from $7 million to $60 million and consistently finds creative ways to provide borrowers with maximum flexibility and liquidity. With deep lending experience and expertise in complex situations, clients can feel confident knowing Siena brings the patience and perspective to help them work through any challenges and achieve their long - term visions. Siena provides financing solutions to companies across a broad spectrum of industries. Siena is a portfolio company of Business Development Corporation of America, an affiliate of Benefit Street Partners LLC. For more information, visit www.sienalending.com or www.sienahealthcarefinance.com or contact a Siena team member.