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Article: Sun Capital HealthCare, Inc. Provides Fiscal Relief to Another Former NCFE Client Forced into Bankruptcy.
- Article from:
- Business Wire
- Article date:
- January 14, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Health/Medical Writers
BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 14, 2003
SCH Infuses $3.4 Million Of Working Capital Into
Massachusetts-Based Med Diversified And Four Of Its Subsidiaries For
Debtor-In-Possession Financing
Sun Capital HealthCare, Inc. (SCH), a privately-held leading national financial services provider for the health care industry, entered into a factoring agreement to provide immediate working capital of $3.4 million to Med Diversified, Inc. (Pink Sheets:MDDVQ), one of the National Century Financial Enterprises, Inc. (NCFE) clients that filed for bankruptcy after the health care lender's ...