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Tetra Financial Funds $1.5MM Lease for Tennessee Healthcare Provider

January 29, 2015, 07:02 AM

Tetra Financial Group announced that it has recently closed a $1.5 million equipment lease for a private equity owned health care company located in Tennessee. The financing will support the company's expansion across several southeastern states. Tetra Financial worked closely with the private equity firm to tailor the transaction to fit the company's projected budget and serve the increasing demand for its products and services. The company anticipates significant growth as a result of this equipment, which consisted primarily of medical ventilators to be used by clients in several states.
Tetra Financial is a leading independent direct finance company in the United States and regularly provides lease financing to small, medium and large sized companies across many sectors of the health care industry. Tetra Financial's national funding platform allows it to provide effective financing solutions to help companies meet their critical equipment needs throughout the country.

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