SaaS Capital the leading provider of alternative growth financing for SaaS businesses today announced that it has provided a $2 5 million line-of-credit to Clinicient
Based in Portland OR Clinicient provides Outpatient Rehabilitation business solutions by offering a combination of integrated physical therapy software practice management expertise and physical therapy billing Clinicient will use this latest funding to drive product development initiatives and expand sales and marketing
SaaS Capital offered our team a unique approach that fits our business model commented Jim Plymale CEO of Clinicient Over the years we have financed our growth primarily by selling equity Having grown revenue rapidly and proven our business model we were looking for innovative financing options to finance continued rapid growth SaaS Capital’s approach was the right fit at the right time for our business ‘
We are pleased to be able to partner with Clinicient said Todd Gardner CEO of SaaS Capital The Company has a strong management team that has built the absolute best product in their market That is exactly the kind of business we hope to be able to partner with at SaaS Capital ‘
About SaaS Capital
Founded in , SaaS Capital is the pioneer provider of debt-based growth capital for SaaS companies By leveraging the predictable revenue streams and of the SaaS business model SaaS Capital’s debt facilities allow SaaS companies to accelerate future cash-flow streams to fund operations today SaaS Capital’s products provide more availability than traditional bank financing and are structured with flexible terms to meet the needs of growing SaaS businesses Through its partnership with DH Capital SaaS Capital can also assist with a variety of M&A and capital raising advisory services To learn more about SaaS Capital visit a href=”http://www saas-capital com target=”_blank”>www saas-capital com
