Alterna Capital Solutions Provides $60MM Credit Facility to FL-Based Staffing Firm

Alterna Capital Solutions completed a $60 million transaction providing growth capital to a Florida-based healthcare staffing resource company. The deal is the largest transaction to date in the three-year-old firm’s history and, combined with additional first quarter transactions totaling $101 million, helped the firm more than double the value of its portfolio as of June 1, 2020.

“Our team is witnessing a high-speed collision between the increase in marketplace optimism and the inaccessibility of working capital for small businesses,” Stan Carpenter, founder and president of Alterna Capital Solutions, said. “This magnified friction is the business environment we’ve seen coming and we’ve prepared our business on every level to move at the speed required and collaborate case-by-case to meet an individual client’s objectives.”