LendSpark was able to provide $625,000.00 to a business that developed proprietary software for real-time patient data that doctors utilize for chronic care patients. The company ended 2021 gross revenue was at $44 million. Our funds were used for a large transaction that the company was currently involved in to sell some of their assets as they focus on their proprietary software in the market.Apply Now
LendSpark is pleased to report on a recent transaction with a client that specializes in developing proprietary software for real-time patient data that doctors utilize for chronic care patients. LendSpark provided a loan of $625,000.00 to this business, which helped them to achieve their strategic business objectives.
The funds were used for a large transaction that the company was currently involved in to sell some of their assets as they focus on their proprietary software in the market. This transaction has been vital to the company's growth strategy as it allowed them to unlock capital to further invest in their core business.
We are pleased to report that this investment has had a significant impact on the company's performance. The company ended 2021 gross revenue at $44 million, a remarkable achievement for a company in the healthcare software industry. We are thrilled to have played a part in this success by providing the necessary capital for the company's asset sale.
LendSpark understands the importance of supporting innovative and high-growth businesses, especially those that have a positive impact on people's lives. This transaction exemplifies our commitment to providing the necessary resources to help businesses reach their full potential. We are honored to have been able to support this particular client and look forward to continued collaboration with them in the future.
In conclusion, LendSpark's financing has enabled this healthcare software company to execute on their strategic plan, increase revenue, and enhance their position in the market. Our team is proud to have played a role in their success, and we remain committed to supporting businesses that have the potential to make a significant impact.