Graystone Capital Provides a $250K Line of Credit to a Health Care Staffing Company

Graystone Quarry Rock
Graystone Quarry Rock
  • Graystone Quarry Rock
    Graystone Quarry Rock
    Graystone Quarry Rock
    Graystone Quarry Rock

Graystone Capital has recently funded a $250K Accounts Receivable Line of Credit for a Health Care Staffing Services firm. The company is dedicated to providing caring and competent Registered Nurses (RN), Licensed Vocational/Practical Nurses (LVN/LPN), Certified Nurse Assistants (CNA), and other health care professionals to clients throughout Northern California for over 20 years.

The company was founded in 1989 by a group of nurses who shared the common goal of creating a supplemental staffing agency that fulfills the challenging staffing needs of healthcare facilities in a quick and competent manner. The line of credit will be used to supplement working capital and facilitate expansion plans. Kevin O'Hare, CEO of Graystone Capital said “We are looking forward to partnering with such a well established firm, whose services have been tenderly rendered to patients in need for a very long time.”

Graystone Capital is a Commercial Finance Company devoted to providing a variety of high quality asset-based lending products as well as Factoring that are offered to traditional manufacturing, distribution and service clients. Its Technology Finance division targets emerging technology companies seeking early revenue stage debt financing. These innovative credit facilities range in size from $50,000 to $3,000,000.00 enabling clients to gain precious cash to fuel growth, meet payroll demands, procure raw material, purchase equipment and smooth-out cash flow cycles.