SOURCE: Doral Financial Corporation

April 11, 2011 20:18 ET

Doral Healthcare Finance Provides $2.0 Million Financing to Rehab Alternatives

PORTLAND, OR--(Marketwire - Apr 11, 2011) - Doral Healthcare Finance ("DHF") today announced it has provided a three year $2.0 million revolving line of credit to Rehab Alternatives ("RA"). Proceeds from the transaction will be used for general growth and to pay off existing debt. RA is a diversified rehabilitation management, staffing and recruitment company, located in Jericho, New York.

"We are pleased to be able to provide this line of credit to Rehab Alternatives. The Company is well positioned to meet increased industry demands and we're glad we can provide them with the financing they need to support their growth," said Jennifer Sheasgreen, DHF Managing Director.

RA expects to use the proceeds to expand services into new regions. "We are very excited to be working in tandem with Doral Healthcare Finance, as we forge ahead to expand in a very challenging and exciting marketplace. Healthcare is a booming industry. Effecting positive change is our goal," said Susan Gursky, RA Physical Therapist and CEO.

About Doral Healthcare Finance

Doral Healthcare Finance provides asset-based, working capital lines of credit to providers of goods and services in the healthcare industry nationwide, including hospitals, home healthcare agencies and long-term care facilities with financing needs from one million to $20 million. Doral serves clients nationwide from their headquarters in Portland, Oregon. For more information on DHF services, please visit www.doralhealthcarefinance.com or contact (855) 277-7895.

About Rehab Alternatives

Led by Physical Therapist and entrepreneur Susan Gursky, Rehab Alternatives set out in March 2000 to offer staffing and management solutions in the disciplines of Physical and Occupational Therapy, and Speech-Language Pathology. RA provides clients ongoing, short-term and urgent-need rehabilitation services through the age spectrum from pre-school through geriatrics in venues throughout New York State.

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