Casper, Wyoming neurologist David Wheeler is noted in his field for his efforts to improve stroke care across Wyoming and was honored by the American Heart Association as national physician of the year for 2019. In addition to his medical accolades, Dr. Wheeler has strong credit and a good banking relationship—but he was short on working capital following a partner buyout. MoFi’s flexible capital helped him to fill the temporary gap in financing for the business.
Dr. Wheeler’s commercial lender is planning to refinance the debt in early 2020, once the business meets the bank’s takeout criteria. They’ll maintain their long-term relationship with Dr. Wheeler, and MoFi will support that.