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Tenex, Inc. Closes Term Loan Facility From SWK Funding

Tenex Health, Inc.

Represented Tenex Health, Inc. in connection with its credit agreement with SWK Funding, which provides for $9 million of term loans to refinance existing indebtedness and for working capital.

Tenex Health focuses on developing technologies for the treatment of chronic tendon pain. SWK Funding is a Dallas-based specialized finance company that focuses on the healthcare sector.

The Newport Beach-based team representing Tenex included Bruce Feuchter, Jeff Estes, and Dayan Rosen (Santa Monica).