Azadian Group provides $100K bridge financing to West Coast healthcare services company

The company, a leader in healthcare diagnostic and monitoring services, is in the process of closing on a round of equity financing and required a short-term bridge to cover some working capital needs.  Being a high-growth, early-stage business, the company has a high burn rate and operating losses and so has not been able to secure traditional bank financing.  Using the company's accounts receivable and cashflow as collateral, we were able to very quickly provide the necessary capital funding.