Cornerstone Business Credit Announces the Initial Funding of a Specialty Medical Data Management Company

Cornerstone Business Credit is pleased to announce the initial funding of a specialty medical data management company. 

This early-stage company could not secure traditional bank financing.  The company considered having its investors provide additional equity capital, however, since there is accounts receivable collateral, there was no need to further dilute equity. 

Cornerstone quickly approved and funded an expandable line of credit with no long-term commitments and with no minimums.