Nobilis Health Corp., a healthcare facility management and marketing firm, today announced that it closed a $25 million debt financing facility with GE Capital, Healthcare Financial Services. This facility will be used to support Nobilis' growth efforts, provide a new revolving line for working capital and repay certain of the company's existing outstanding indebtedness, including the $12 million seller's note related to Nobilis' acquisition of Athas Health in December 2014.

"This transaction successfully completes one of Nobilis' early 2015 goals; namely, the reduction in our average borrowing costs while also streamlining our capital structure. In addition, we believe our new relationship with GE Capital will provide yet another catalyst for Nobilis' anticipated growth throughout the remainder of 2015 and beyond," said Chris Lloyd, CEO of Nobilis Health.

"Our specialty is providing healthcare companies with flexible capital programs to help our customers expand their companies, as is the case of Nobilis Health Corp.," said Al Aria, senior managing director of Corporate Finance at GE Capital, Healthcare Financial Services. "We look forward to continuing to support their growth strategies in the future."

The funding of the $25 million facility, which closed on March 31, 2015, includes a $20 million term loan and $5 million revolving loan at LIBOR+4% (4.71% as of March 31, 2015), as compared to its current average borrowing cost of approximately 9.6%.

GE Capital's Healthcare Financial Services (HFS) business is one of the most active capital providers in the U.S. healthcare market, providing more than $10.5 billion in financing across more than 240 transactions in 2014.