Freestanding Dialysis Center
•Healthcare institution providing hemodialysis services to renal patients.
•The Company currently operates two freestanding dialysis centers with approximately 15 dialysis machines per center
•The Company has experienced strong demand due to high rate of recurring and new customers
•However, the company has been facing working capital gaps due to delays in collection from the government health care provider, Philhealth, which subsidizes and pays for the treatment for a majority of its patients.
•ARQCapital providing financing to bridge the Company’s working capital gap as well as to continue the purchase of additional dialysis machines to increase the capacity of its two existing centers