Physicians Capital Completes New Round of Funding

Physicians Capital, a Nashville-based lending organization for ambulatory surgery centers, has sold about $7.44 million worth of securities as part of a $7.5 million offering in equity as of Nov. 22, according to a Nashville Business Journal report citing a a U.S. Securities and Exchange Commission filing.

Physicians Capital offers loans to physicians seeking ASC buy-in financing. Unlike banks, which typically collateralize physician assets before granting loans, Physicians Capital analyzes the ASC cash flow to determine whether the distributions are sufficient to repay the loan and then, if the loan is accepted, Physicians Capital is repaid from those ownership distribution payments. After the note is repaid, the physician becomes a full owner in the surgery center.

Learn more about Physicians Capital at www.physicianscap.com.

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