Press Release: ScripsAmerica Secures $4 Million Li
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ScripsAmerica Secures $4 Million Line of Credit From Triumph Healthcare Finance
TYSONS CORNER, VA–(Marketwired – Dec 10, 2014) – ScripsAmerica, Inc. (OTCBB: SCRC) today announced that the Company has secured a $4 million line of credit from Triumph Healthcare Finance. The line of credit will be used by ScripsAmerica to fund the expansion of its specialty pharmacy operations in the US and pay off its current high interest debt.
“We view our collaboration with ScripsAmerica not just as a loan, but as the beginning of a value-added relationship,” stated Jennifer Sheasgreen, President of Triumph Healthcare Finance. “Triumph looks forward to developing a lasting bond with Jeff, Bob and the entire Scrips team as the Company continues its growth in the pharmaceutical and healthcare industries,” continued Sheasgreen.
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