SLR Business Credit (“SLRBC”) is pleased to announce the completion of a $2 million credit facility for Quantori.
Based in Cambridge, Massachusetts, Quantori is a comprehensive digital IT service provider for the life sciences and healthcare sectors.
Quantori excels in developing innovative software for the pharmaceutical industry and driving advanced strategies in the world of the big data revolution.
The company’s expertise spans machine learning, scientific informatics, laboratory informatics, data science, high-performance computing, and artificial intelligence.
Dmitri Baranov, Quantori’s Chief Financial Officer, said, “I’m pleased to be working on this deal with SLR. They’ve been extremely friendly and flexible, meeting all our requirements and promptly overcoming challenges. We look forward to maintaining a long-term relationship with them.”
“We are delighted to partner with Quantori as a capital partner in this transaction,” said Jeffrey Austin, SVP of Business Development at SLRBC. “Quantori is an exceptional team of talented innovators and seasoned experts who provide indispensable IT solutions to the pharmaceutical and life science industries.”
About SLR Business Credit:
SLR Business Credit provides customized asset-based lending solutions to middle-market companies across various industries. With a focus on accounts receivable, inventory financing, and term loans, SLR Business Credit helps businesses manage cash flow and achieve growth objectives. As a part of SLR Investment Corp (NASDAQ: SLRC), SLR Business Credit leverages a strong capital base and industry expertise to offer flexible financing options up to $100 million.