Free press releases distribution network?

Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GE Capital Healthcare Financial Services Increases Financing to $12 Million for Cianna Medical, Inc - GE Capital’s Healthcare Financial Services (HFS) business announced that it has closed and fully funded a $4M additional term loan financing to Cianna Medical, Inc., bringing the total venture loan facility to $12M - CiannaMedical.com / GE.com
GE Capital Healthcare Financial Services Increases Financing to $12 Million for Cianna Medical, Inc

 

PRZOOM - /newswire/ - Bethesda, MD, United States, 2015/07/14 - GE Capital’s Healthcare Financial Services (HFS) business announced that it has closed and fully funded a $4M additional term loan financing to Cianna Medical, Inc., bringing the total venture loan facility to $12M - CiannaMedical.com / GE.com. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

GE Capital’s Healthcare Financial Services (HFS) business announced today that it has closed and fully funded a $4 million additional term loan financing to Cianna Medical, Inc., bringing the total venture loan facility to $12 million. The funds will be used to help support the commercialization of its new SAVI SCOUT® surgical guidance system, which is currently being launched.

Founded in 2007, and based in Aliso Viejo, CA, Cianna Medical is a medical device company focused on the treatment of early-stage breast cancer. In late 2014, the company received U.S. Food and Drug Administration (FDA) clearance for SAVI SCOUT, which uses passive non-radioactive electromagnetic wave technology to provide real-time guidance during excisional breast procedures by using a reflector that can be placed in the tissue up to seven days prior to surgery.

“GE Capital has been a very supportive financial partner, offering significant value, beyond capital, to small businesses like ours,” said Jill Anderson, president and CEO of Cianna Medical. “I am delighted that we will continue working together to bring women the very best in breast cancer technology.”

“With the launch of our new SCOUT product, we were looking for a lender that would help us finance the growth of our company,” noted Gordon H. Busenbark, CFO of Cianna Medical. “HFS worked with us to structure a financing transaction that provides both the flexibility and the funding we need now, with the ability to expand our relationship as the business grows.”

“We realized Cianna Medical would need growth capital immediately after the FDA’s approval of the SAVI SCOUT product,” said Brett Haring, senior managing director of life sciences for GE Capital, Healthcare Financial Services. “We’re pleased to be able to help our customer with the funding they need to ramp up their commercialization efforts.”

About Cianna Medical, Inc.
Cianna Medical (ciannamedical.com) develops, manufactures and markets innovative medical technologies that reduce costs, improve quality, and reduce the burden breast cancer treatment places on women and their families. Its SAVI® technologies are FDA-cleared and address unmet needs in the delivery of radiation therapy, tumor localization and surgical guidance.

The SAVI breast brachytherapy applicator delivers individualized radiation therapy to where it is needed most, decreasing toxicity and reducing treatment time from several weeks to just 5 days.

The SAVI SCOUT® surgical guidance system utilizes electromagnetic wave technology to provide real-time surgical guidance. It offers surgeons a precise method of targeting tissue for removal during lumpectomy and excisional biopsy procedures.

For more information, call 866-920-9444

About GE Capital, Healthcare Financial Services (HFS)
GE Capital’s Healthcare Financial Services (gecapital.com/healthcare) business is one of the most active capital providers in the U.S. healthcare market, providing more than $10.5 billion in financing across more than 240 transactions in 2014.

Customers across 45 healthcare sectors including senior housing, hospitals, medical offices, outpatient services, pharmaceuticals and medical devices rely on HFS to finance acquisitions, refinance existing debt, support working capital needs and fund growth initiatives. With in-depth industry knowledge and expertise, the HFS team of professionals creates financial solutions tailored to meet the individual needs of its customers. GE Capital offers customers around the globe an array of financial products, services and insights to help them grow their businesses.

GE (ge.com) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


GE Capital Healthcare Financial Services Increases Financing to $12 Million for Cianna Medical, Inc

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE Capital | Cianna Medical, Inc.
Contact: Lisa Tibbitts - GE Capital Americas 
203-956-4582 / 203-803-6142 (mobile) lisa.tibbitts[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

LexisNexis Spotlights New Innovations, Analytics & A.I. Offerings at AALL 2017
LexisNexis Digital Library Announces New Agreement with ALM
TRA Hires Tiffany Hanks as Regional Sales Consultant
LexisNexis® Expands Media Intelligence Portfolio with LexisNexis® Media Contacts Solution
LexisNexis Wins 21 Awards from Two Prestigious Publications
Frost & Sullivan Commends AutoGravity for Transforming Automotive Financing Industry
NYSE Governance Services and FTI Consulting Announce 17th Annual Corporate Law Firms Rankings
FTI Consulting and Asia Group Advisors Formalise Affiliate Relationship Across Asia Pacific
LexisNexis Receives 2017 Corporate Leadership Award from Freedom House for Activism in Advancing the Rule of Law
Societe Generale Named ‘Distinguished Provider of Transaction Banking Services’ by FImetrix

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  MagLar, Inc.







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today