TCA Global Credit Master Fund Closes on $2 MM Financing facility for IntelliCell BioSciences Inc.
TCA Global Credit Master Fund today announced it has entered into a $2 Million CEF; committed equity facility with IntelliCell BioSciences (SVFC.PK). Under the terms of the Agreement, TCA Fund will supply the financing in a series of pre-set tranches to the company, with the initial drawdown set at USD 500,000.
The CEF has been provided through TCA Global Credit Master Fund (“TCA Fund”), which seeks to provide financing to small, growing, private and listed companies.
TCA Global Credit Master Fund has provided financing to allow IntelliCell BioSciences, the company, to spur its growth, as well as allow them to take advantage of additional opportunities in their field of regenerative medicine.
Dr. Steven Victor, the Chairman and CEO of the company has a unique approach, “IntelliCell™ is pioneering a new proprietary medical process that results in acquiring Vascular Fraction Cells (VFC). VFC is also known as stromal vascular fraction. VFC cells are known to contain significant numbers of various cell types including adult stem cells, endothelial cells, fibroblast cells, red blood cells, and much more. VFC type cells are in research projects and in clinical trials around the world.”
Based in NY, NY “IntelliCell was formed to take a leading role in the rapidly expanding regenerative medicine field. IntelliCell is fully committed to an ethical and supportive role in providing the tools to physicians and patients to fight some of the most serious disease conditions with very high levels of unmet clinical needs.”
TCA Fund Management Group manages the TCA Global Credit Master Fund and acts as an advisor to countless small companies from its offices in the United States, United Kingdom, and Australia. TCA Fund is a short duration, absolute return fund specializing in senior secured lending to small, mainly listed companies in the U.S., Canada, Western Europe and Australia. The team has a level of domestic and cross-border expertise, long-standing experience, and funding innovations, as is reflected in the number of transactions completed. This is a specialist business with an investment angle which fills an important finance gap in many leading markets. TCA Global Credit Master Fund provides a unique conduit for investors seeking steady, uncorrelated returns in the SME universe.
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