Doc2Doc, a LendTech company focused on the medical space, announces the closing of a new $25 million warehouse facility, to help further growth, provided by Encina Lender Finance.
"We are ecstatic to be able to help more members, and grateful for our amazing relationship with our partner Encina," said Zwade J. Marshall, MD, MBA, CEO of Doc2Doc Lending.
Demand has been a driving force behind their expansion, including surpassing $100 million in aggregated funding requests last month. Along with Personal Loan products, Doc2Doc is rolling out other options to help fulfill the financial needs of doctors and dentists nationwide, from new resident doctors to those who have been practicing for years.
"There is a huge need in the marketplace, and we are so thankful to be able to help our fellow doctors with tools tailored to their personal and professional journey," said Marshall.