Case Summary: Care Payment

Care Payment

$25 million Senior Credit Facility Participant

Overview

Founded in 2004, CarePayment Technologies, Inc. is a provider of innovative patient financing solutions for healthcare providers. Through advanced technology and analytics, their tools offer the consumer affordable financing options leading to increased patient satisfaction while minimizing financing risk for the provider.

Situation

After experiencing very strong growth through the first half of 2017, the Company sought a strategic partner to provide additional access to capital.

Solution

Crystal Financial provided $25MM as of part of a club execution for a larger credit facility.