CIT Group and its Healthcare Finance unit announced a $25 million loan supporting Seavest Healthcare Properties’ acquisition of the MLK Community Hospital Medical Office Building in South Los Angeles. The private, nonprofit hospital provides...
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July 30, 2020, 06:00 AM
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Healthcare executives maintain a relatively positive outlook for 2016, with 71% indicating that they expect their revenues to increase this year and more than half (55%) expecting to seek financing in the next 12 months. These are some of the...
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April 26, 2016, 07:39 AM
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CIT Group announced that CIT Healthcare Finance served as Sole Lead Arranger and Administrative Agent in a $26.5 million senior secured credit facility to support the recapitalization of PharmaLogic and the acquisition of Clinical Pharmacy Services...
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September 16, 2015, 07:00 AM
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Middle-market healthcare executives are optimistic for 2015 with 71% indicating that they expect their revenues to increase this year and two-thirds (66%) anticipating an increase in volume growth. These are some of the findings found in an exclusive...
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April 16, 2015, 07:31 AM
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CIT Group Inc. announced that CIT Healthcare served as sole lead arranger in a $15.5 million senior secured credit facility to DeVilbiss Healthcare, a medical device company and a portfolio company of Vestar Capital Partners, a leading private equity...
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December 18, 2012, 07:15 AM
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CIT Group Inc. announced the launch of “CIT: Behind the Deal”, a series of client case study testimonial videos. The inaugural “CIT: Behind the Deal” video features Ernest Health, one of the nation’s leading operators of inpatient rehabilitation and...
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July 12, 2012, 06:30 AM
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CIT Vendor Finance, a leading provider of business solutions to small and middle market companies acquiring equipment and value-added services, today announced the expansion of its healthcare equipment financing group. The expansion includes the...
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June 21, 2012, 07:50 AM
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CIT Group announced that it arranged and syndicated a $210 million senior secured credit facility to support the refinancing of Encompass Home Health, a Medicare-certified home health care agency. Encompass is a portfolio company of Cressey & Company...
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June 20, 2012, 06:45 AM
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