Culain Capital Funding Closes $2MM Factoring Facility for Healthcare Solutions Company

Culain Capital Funding, a specialty finance firm focusing, completed a $2 million accounts receivable factoring facility with a specialized healthcare solutions company.

Mark Simshauser, senior vice president of Northeast sales, originated and presented management with the opportunity after quickly realizing their need for growth capital in pursuing larger clients. “Culain Capital’s approach to our growth and working capital need was quick, efficient and cost effective,” the CEO of the healthcare solutions company said. “Their customized and entrepreneurial factoring structure allowed us to onboard two larger multi-national customers driving our revenues for the years to come. Their structure was simple, straightforward, with no hidden fees or complex calculations, making it very easy to understand and budget accordingly. In today’s lending environment, I would recommend them to anyone.”

“The healthcare industry is growing and evolving at record speed. We were excited to work with this company and its leadership in providing a creative financing solution that will facilitate what we believe will be record growth for their business. With this particular company, we are proud to be associated with a group that is improving an aspect of healthcare that will positively impact people’s lives.” James Jarosz, COO of Culain, said. “Running a business in today’s world is challenging enough and that’s exactly why we strive to make the process easy for our clients. We work to understand what’s important to you and the success of your business and then tailor a solution that will help you achieve your goals.”