Fairmont leaders hear RHCC to build health-care facility in town


			
				                                Tony Mackey, a managing partner of Fairmont Golf Course, asks Tuesday for answers to drainage issues experienced by the business for the past 10 years during a Board of Commissioners meeting at the Fairmont-South Robeson Heritage Center as Town Attorney Jessica Scott, left, and Mayor Charles Townsend listen.

Tony Mackey, a managing partner of Fairmont Golf Course, asks Tuesday for answers to drainage issues experienced by the business for the past 10 years during a Board of Commissioners meeting at the Fairmont-South Robeson Heritage Center as Town Attorney Jessica Scott, left, and Mayor Charles Townsend listen.

FAIRMONT — Commissioners here were told Tuesday that a new health-care facility is on its way to town.

Robeson Health Care Corporation CEO Tim Hall said a new medical center, which will be about 14,000 square feet in size, will be built at the site of the South Robeson Medical Center on South Walnut Street. The medical center and property are owned by the corporation.

Construction of the new facility will begin in the next 60 days, he said. The project will cost about $3.5 million.

“This is one that we’re very very proud of,” Hall said of the project.

The facility

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Protech Home Medical Secures US$20 Million Senior Credit Facility With CIT Group’s Healthcare Finance Business

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CINCINNATI, Sep 21, 2020 (GLOBE NEWSWIRE via COMTEX) —
CINCINNATI, Sept. 21, 2020 (GLOBE NEWSWIRE) — Protech Home Medical Corp. (“Protech” or the “Company“) (TSXV: PTQ), (OTCQX: PTQQF), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce that it has entered into a US$20 million senior credit facility with CIT (NYSE:CIT).

Protech has entered into an Asset-Based Revolving Credit Facility with CIT’S Healthcare Finance business, part of its Commercial Finance division, pursuant to which the lender has agreed to advance up to $20 million at a tiered rate, this agreement has a four year maturity and may be extended pursuant to both parties agreement.

Commentary

“This senior credit facility with CIT is truly a momentous moment for Protech and I could not

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