Home » Press Release » Sal Pappalardo of Twin Capital Partners, LLC rescues ambulance company with a working line of credit

COLTS NECK, NJ (March 18, 2015) – Twin Capital Partners successfully arranged financing in the form of a working line of credit for People Transport, a medical transportation company based out of Old Bridge, NJ.

The highly time sensitive transaction was negotiated by Twin Capital Partners CEO, Salvatore Pappalardo who is based in the company’s Colts Neck headquarters.

“As we all know, we are currently enduring a struggling economy and medical transportation providers are not exempt from the struggle,” said Pappalardo. “Our 30+ years experience in the financial sector allowed us to rescue People Transport by providing them a working line of credit and helped them achieve new growth. With this working capital in place, our client will be able to increase their growth as well as attain a new client base.”

People Transport was founded in 1989, the company provided services with 9 wheelchair vans. Since then the company has grown steadily, with stations spread along the state. They now manage a fleet comprised of ambulances, wheelchair vans, and ambulatory vehicles. They are committed to providing the highest quality care to their patients.

About Twin Capital Partners :

Twin Capital Partners is a boutique private firm that has been delivering the most creative financing strategies to meet its client needs since inception. TCC specializes in debt and equity based real estate financing including construction loans, bridge loans, mezzanine loans, preferred equity and joint-venture equity. Since inception, Twin Capital has originated or participated in transactions totaling in excess of $500 million.

For further information, please visit www.TwinCapitalPartners.com

For further information:

Twin Capital Partners / 732.780.6633 / Sal@TwinCapitalPartners.com