Source adds $18 million credit facility

AuntMinnie.com staff writers
May 15, 2006

Information systems provider Source Medical Solutions said it has been granted an $18 million credit facility by Wells Fargo Foothill, part of Wells Fargo & Company, to provide new financing for the company.

The financing will be used to fund product development, support strategic growth opportunities, and restructure existing debt, according to the Birmingham, AL-based vendor.

By AuntMinnie.com staff writers
May 16, 2006

Related Reading

Source raises $16 million, May 10, 2006

Source adds RIS/PACS sale, February 17, 2006

Source builds client list, November 21, 2005

Road to RSNA, Source Medical Solutions, November 18, 2005

Source Medical, ScImage partner on integrated RIS/PACS, November 14, 2005

Copyright © 2006 AuntMinnie.com

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