Avail Scientific Corp. enables healthcare providers treating mental health and substance abuse to unlock significant clinical value and revenues via ancillary diagnostic services.
"We are proud to announce we have finalized and signed with North Star Leasing to provide up to $25 million of equipment financing for our clients. This facility allows our customers to finance the purchase of our EEG FDA approved medical headsets. The average cost of the EEG headsets is over $30,000. North Star Leasing facility will reduce our sales cycle from weeks to days, allowing us to achieve our $6,000,000.00 in revenue goals," said Gerard Maynard, President and Chief Revenue Officer for Avail Scientific.
North Star Leasing is a division of Peoples Bank. North Star Leasing funded $135 million in 2022 and is projected to fund over $170 million in 2023.
Avail Scientific and its subsidiary Relai Neuro are specifically targeting over 700 substance abuse clinics in Florida. Avail Scientific's (MOBO) mandate is to support psychedelic medicine research and treatments through neurological testing, data analytics and data management. Avail Scientific works with its subsidiary Relai Neuro providing neurological testing and data management to rehab and mental health treatment centers in Florida.