🍪 Our Cookies

This website uses cookies, pixel tags, and similar technologies (“Cookies”) for the purpose of enabling site operations and for performance, personalisation, and marketing purposes. We use our own Cookies and some from third parties. Only essential Cookies are used by default. By clicking “Accept All” you consent to the use of non-essential Cookies (i.e., functional, analytics, and marketing Cookies) and the related processing of personal data. You can manage your consent preferences by clicking Manage Preferences. You may withdraw a consent at any time by using the link “Cookie Preferences” in the footer of our website.

Our Privacy Notice is accessible here. To learn more about the use of Cookies on our website, please view our Cookie Notice.

Scan.com in talks with private credit funds for asset-backed debt raise

Share

News and Analysis

Scan.com in talks with private credit funds for asset-backed debt raise

Will Caiger-Smith's avatar
Shubham Saharan's avatar
  1. Will Caiger-Smith
  2. +Shubham Saharan
•3 min read

Medical imaging platform Scan.com is in talks with private credit funds to raise a new debt facility backed by its accounts receivable, according to 9fin sources.

The initial facility size is likely to be around $20m, with the potential to scale to $100m over time, sources said. The company currently has roughly $48m of accounts receivable, and pricing for the debt facility is being pitched in the low-to-mid teens.

The new debt facility will refinance a roughly $8m AR facility that was recently raised through Percent, an online private credit investing platform. Institutional investors provided the bulk of that facility, with another $1.5m or so coming from retail investors, according to sources.

What are you waiting for?

Try it out
  • We're trusted by 9 of the top 10 Investment Banks