Champion Pain Care Corporation Closes a Credit Facility and Acquires Two Pain Management Clinics
On December 1, 2016, Champion Pain Care Corporation (OTCQB:CPAI) closed a Senior Secured Credit Facility (the "Credit Facility") with TCA Global Credit Master Fund, LP ("TCA") for a maximum $13 million senior secured line of credit, of which the initial line of credit is $6,500,000 is made available to the Company to fund acquisitions of pain management clinics and provide working capital.