US Capital Partners, LLC has put in place financing to support the continued expansion of a global leader in drug safety and pharmacovigilance services and software tools.
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US Capital Partners Provides $1 Million Line of Credit and $500,000 Term Loan for November Research Group, LLC
US Capital Partners, LLC has put in place financing to support the continued expansion of a global leader in drug safety and pharmacovigilance services and software tools.
US Capital Partners, LLC has put in place financing to support the continued expansion of a global leader in drug safety and pharmacovigilance services and software tools.
US Capital Partners Provides $1 Million Line of Credit and $500,000 Term Loan fo
r November Research Group, LLC
US Capital Partners, LLC has put in place financing to support the continued exp ansion of a global leader in drug safety and pharmacovigilance services and soft ware tools. San Francisco, CA, May 07, 2014 -- US Capital Partners, LLC has provided a $1.5 million credit facility for November Research Group, LLC (November Research), head quartered in Oakland, CA. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equ ity placements for small to lower middle market companies. We are extremely pleased with this well-structured debt financing, which is desig ned to support our ongoing expansion, said Seth Warhaftig, President of November Research. Last year, the FDA's Center for Devices and Radiological Health selected November Research's PRIMO software platform as the product vigilance software solu tion to replace its aging MAUDE system. Recently, we launched an aggressive camp aign to expand our products and services into the Japanese market. As we move in to the next phase of our business expansion, this new credit facility will provi de the additional working capital we need to support our growth plans. We are delighted to have provided $1.5 million in financing for this global leade r in drug safety and pharmacovigilance solutions, said Jeffrey Sweeney, CEO and M anaging Director at US Capital Partners. November Research is at an inflection po int in its development and required additional capital to take advantage of exci ting new growth opportunities for the business. US Capital Partners successfully provided a $1 million line of credit together with a $500,000 term loan to supp ort the company's ongoing domestic and international expansion. About November Research Group, LLC November Research is a professional services firm that provides a complete spect rum of software and services in pharmacovigilance to the pharmaceutical and life science industry. The November Research team possesses extensive expertise span ning the entire pharmacovigilance industry. The firm's services include drug safet y business process transformation, solution selection, system implementation and upgrade, custom software development, and post-implementation support. About US Capital Partners, LLC: Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing p rompt, innovative, and reliable financing solutions including lending, equity fi nancing, and debt re-structuring to businesses across the United States and abro ad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to mi ddle market private and public companies. The company's innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit b y traditional lenders. To learn more about how your business can secure the funding it needs, email Jef frey Sweeney, CEO and Managing Director, at jsweeney@uscapitalpartners.net or ca ll (415) 889-1010. Contact: Hilary Adams US Capital Partners, LLC 555 Montgomery Street, Suite 1501 San Francisco, CA 94111 415-889-1010 james@englishwordfactory.com http://www.uscapitalpartners.net