New York, NY (PRWEB) September 21, 2017
Azadian Group has announced that it has closed on a $1.2MM funding round for a Philadelphia-based network of urgent care centers. Founded in 2006, the company has 18 facilities throughout Southeast Pennsylvania and Delaware and plans to open another 5 locations over the next year. This funding represents the most recent tranche, with a total of $3.2MM provided to the company over the past 18 months. This particular tranche was used to pay off a third-party factoring facility that was not meeting the company’s needs.
Founded in 2003 and headquartered in midtown Manhattan, Azadian Group provides short-term financing to small and medium businesses. Its solutions have included:
- Bridges to third-party financing, M&A or liquidity events
- Subordinated stretch pieces and over-advances in conjunction with senior institutional lenders
- Interim working capital to improve a business’ financial condition in preparation for bank/non-bank financing
Azadian Group prides itself on its fast transaction turnaround (as short as 1-2 days from submission) and flexibility with deal terms, repayment structures, collateral mixes and other deal aspects.
For additional information, please visit the company’s website at http://www.azadiangroup.com or email to info(at)azadiangroup(dot)com.