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- Dolfin Announces $30M Financing for ART Health's Newport Radiotherapy Center
Dolfin Announces $30M Financing for ART Health's Newport Radiotherapy Center
Slice of Finance Team
30 Sep
Key Highlights:
Dolfin provides $30M financing for tenant improvements and equipment to ART Health.
Structured as a 10-year credit-based lease to maximize capital efficiency.
New radiotherapy center opening in Newport Beach by early 2025.
Financing enables access to life-saving radiotherapy equipment.
Source: PR Newswire
Notable Quotes:
They are the perfect example of why we started this business — cutting-edge, life-saving equipment should not be financially out of reach for a leader in oncology care."
"Working with Dolfin has been a game-changer... we can better equip physicians fighting cancer with the tools they need to save lives."
Our Take:
Dolfin's innovative approach to financing tenant improvements is revolutionizing how healthcare providers like ART Health can build and equip their facilities. This $30M financing deal is significant for both Dolfin and ART Health as it ensures access to state-of-the-art radiotherapy equipment without depleting capital reserves. By structuring the financing as a fully amortizing lease, Dolfin enables healthcare providers to invest in essential infrastructure while maintaining the financial flexibility to pursue other high-ROI initiatives. This model represents a growing trend where financial technology firms like Dolfin are addressing capital constraints in specialized sectors such as healthcare, fostering long-term growth and innovation.