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Jack Nathan Medical Corp. Secures Additional Cdn$474,000 Loan from Wal-Mart Canada Corp.

Aug 07, 2024•almost 2 years ago

Contract Type

agreement

TorontoHealth CareMedical

Description

Jack Nathan Medical Corp. has entered into an agreement with its secured lender Wal-Mart Canada Corp. to provide an additional Cdn$474,000 in debt funding, enhancing the Company’s operations for the month of August 2024. The agreement also involves the development of a transition plan for the orderly winding down of the business and assets if necessary additional financing is not secured.

Company Information

Company

Jack Nathan Medical Corp.

Location

Toronto, Ontario, Canada

About

Jack Nathan Medical Corp. is a Canadian company that owns and operates a network of primary care clinics across Canada. Additionally, it licenses clinics to other healthcare providers, offering a wide range of medical services with a focus on improving accessibility to quality healthcare.

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