Cornerstone Business Credit Funds Medical Data Management Company

Cornerstone Business Credit funded a specialty medical data management company. Cornerstone approved and funded an expandable line of credit with no long-term commitments and with no minimums.  

The early-stage medical data management company could not secure traditional bank financing. The company considered having its investors provide additional equity capital; however, since it had accounts receivable collateral, there was no need to further dilute equity.