Monroe Capital Provides $100M Credit Facility to DRB Financial Solutions and Echelon Medical Capital

Monroe Capital LLC provided a $100m senior credit facility to support the acquisition of Echelon Group (a d/b/a of MedLien Manager, LLC) and future growth of its successor Echelon Medical Capital, LLC, a portfolio company of DRB Financial Solutions, LLC.

In addition, the credit facility also supports the continued growth of its affiliated company US Claims.

Based in South Florida, DRB is a diversified, multi-asset specialty finance company providing liquidity solutions to individuals and businesses across several niche areas including structured settlements, litigation finance, bankruptcy trade claims, and commission advances.
This transaction supports the addition of Echelon, a specialty finance company engaged in purchasing accounts receivable related to medical liens and insurance receivables from medical providers.

FinSMEs

06/03/2017

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