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Published on 3/26/2024 in the Prospect News Private Placement Daily.

Healthcare Finance Direct closes $60 million facility via Bastion

By Marisa Wong

Los Angeles, March 26 – Healthcare Finance Direct, LLC obtained a senior debt investment of $35 million with accordions up to $60 million, with private investment firm Bastion Management as agent.

The debt facility will be used to refinance an existing senior loan and fund future growth of the company’s healthcare-focused consumer lending profile.

The fintech company is based in Bakersfield, Calif.


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