MidCap Business Credit becomes SpineFrontier’s lending partner — 3 quick notes

Hartford, Conn.-based MidCap Business Credit completed a $6 million asset-based line of credit to Boston-based SpineFrontier, according to ABL Advisor.

Advertisement

Here are three quick notes:

 

1. The credit line involves advances against SpineFrontier’s receivables and inventory.

 

2. MidCap Business Credit offers asset-based credit facilities to businesses nationally.

 

3. SpineFrontier develops medical devices for outpatient spine surgery, with more than 30 products.

 

More articles on devices:
OrthAlign to launch OrthAlign Plus for direct anterior hip replacement — 4 things to know
Burton’s new Outpatient LED Examination Light has arrived
33 spine, orthopedic devices receive FDA 510(k) clearance in December

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.