HomeTown Oxygen receives $4M investment
NEW YORK – Enhanced Small Business Investment Company (ESBIC) has provided $4 million in senior secured debt financing to Charlotte, N.C.-based HomeTown Oxygen, according to a press release. A provider of respiratory products and services, HomeTown will use the proceeds to continue its expansion. “This financing will allow HomeTown Oxygen to continue the growth of its respiratory business and expand into new locations,” stated Scott Dinning, CEO of HomeTown. ESBIC makes debt and minority equity investments in U.S.-based, lower middle market companies across most sectors, according to its website.