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Borrowing & Credit

Asset-Based Lending Success Stories

 

Hospital Logistics get better with ABL - $7 Million

Hospital Logistics Inc.

" Hospital Logistics Inc. (HLI) has been providing supply chain management solutions to hospitals and healthcare regions since 2002.

While operating mainly in Ontario, HLI is well positioned for growth and is currently negotiating with clients across Canada. To support this expansion, HLI recognized the need for a larger, yet flexible, financial partner.

The Asset-Based Lending team at RBC was chosen because of their strong capabilities and sincere interest in understanding the real business needs of HLI. In addition, their Asset-Based Lending solution has enabled HLI to leverage its high quality accounts receivable and inventory to support its growing capital needs. "
David E. Yundt
President and Chief Operating Officer
Hospital Logistics Inc.
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02/26/2008 19:12:18