LifePoint gets lease finance aid from FINOVA:
This article was originally published in Clinica
Executive Summary
LifePoint, a rapid saliva testing company, has negotiated a $3 million line of credit in order to lease capital equipment without drawing on its cash reserves. Investment group FINOVA Capital finances the deal. LifePoint, based in Ontario, California, is developing therapeutic drug monitoring, alcohol and drugs-of-abuse testing.