| Ticker: HCFP | 2 Wisconsin Circle, Suite 320 | |
| Exchange: NASDAQ-National Market | Chevy Chase, Maryland 20815 | |
| Industry: Financial | (301) 961-1640 |
| Type of Shares: | Common Shares | Filing Date: | 9/20/96 | |
| U.S. Shares: | 2,100,000 | Offer Date: | 11/21/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 2,100,000 | Offer Price: | $12.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.88 | |
| Offering Amount: | $27,300,000 | Selling: | $0.50 | |
| Expenses: | $500,000 | Reallowance: | $0.10 | |
| Shares Out After: | 5,899,991 |
| Manager | Tier | Phone |
| Montgomery Securities | Lead Manager | (415) 627-2220 |
| Stifel, Nicolaus & Company, Incorporated | Co-manager | (314) 342-2000 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $5.22 | $5.16 | $1.57 | Assets: | $71.62 |
| Net Income: | $1.52 | $1.17 | $0.42 | Liabilities: | $47.40 |
| EPS: | $0.26 | $0.20 | $0.07 | Equity: | $24.22 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| HealthCare FInancial Partners, Inc. is a specialty finance company offering asset-based financing to health care service providers, with a primary focus on clients operating in sub-markets of the healthcare industry, including long-term care. The company also provides asset based, financing to clients in other sub-market of the healthcare industry, including pharmacies, durable medical equipment suppliers, hospitals, mental health providers, rehabilitation companies and disease state management companies. The company targets small and middle market healthcare service providers with financing needs in the $100,000 to $10 million range in healthcare sub-markets which have favorable characteristics for working capital financing, such as those where growth, consolidation or reconstructuring appear likely in the near to medium term. |
| Use of Proceeds |
| The proceeds from the proposed offering will be to acquire the limited partnership interests in Funding and the remainder will be used for general corporate purposes. |
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