Alpine Capital Provides $2MM Equipment Lease Line to Claris Vision

Alpine Capital provided a $2 million equipment lease line to Claris Vision as part of a combined $7.5 million facility. The rest of the facility is made up of a $3 million secured revolving line of credit and a $2.5 million secured term loan.

Proceeds from the financing will go towards working capital purposes, including the refinancing of outstanding indebtedness and supporting the growth CAPEX and potential future acquisitions.

Claris Vision was formed in 2011 to provide vision care services available in New England.

“Alpine Capital worked diligently to structure a capital solution that met our growth needs,” said Marcello Celentano, CEO of Claris Vision. “It was evident through their healthcare finance industry expertise and strong understanding of the eye care space specifically that we were partnering with the best capital source possible. We are delighted to have Alpine as our lending partner.”

“With its strong capitalization, excellent management team, leading market presence and high demand for their eye care services, Claris Vision is a provider that we’re very pleased to support,” said Alan Regdos, CEO of Alpine Capital. “Claris Vision is an example of how our services can help support practices to maximize growth and thrive in a highly competitive environment.”

Alpine Capital is a specialty financial services firm that provides senior debt solutions to the healthcare industry.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.