Doral Healthcare Finance (DHF) announced it has provided $5.0 million in asset based working capital facilities to two healthcare companies. The transactions are as follows:
- A $3.0 million to a behavioral health and rehab chain in Minnesota.
- A $2.0 million to a nursing home in New York.
Doral Healthcare Finance is a division of Doral Money, Inc. engaged in providing an asset-based lending, 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.