With a $1 buyout lease, the laboratory was able to purchase a variety of specialized, long-term assets that would receive daily use. Thanks to this experience, Tim saw what the other lenders hadn’t: Ark Laboratory’s incredible potential.ĭue to the wide variety of diagnostic and office equipment that Ark Laboratory needed, Team Financial Group decided that the best strategy involved two separate financing solutions. Tim Maczka, the founder of Team Financial Group, personally visited Ark Laboratory to meet the ownership team and better understand the company’s needs, concerns, and vision. “We have dealt with many lenders over the years,” says Norman Kiminaia, CFO of Helix Diagnostics, “and they all lacked what Team Financial Group delivers: personal service.” Team Financial Group Understood the Vision for Helix Diagnostics and Helped Bring It to Life Fortunately, all that changed when Helix Diagnostics got in touch with Team Financial Group. But the financing companies they talked with didn’t take the time to understand their unique needs and challenges. In 2015, Ark Laboratory faced dissolution due to financial obstacles beyond their control, and they began looking at commercial financing options. Ark Laboratory Faced Dissolution Unless They Obtained Financing The company was still operating as Ark Laboratory, a single-service laboratory provider. However, at the beginning of the partnership with Team Financial Group, Helix Diagnostics didn’t even exist yet. Their services also help discourage illicit drug use. The company focuses on the timely generation of precise and accurate results, and the team at Helix Diagnostics understands the critical importance of monitoring drug interactions in patients who are taking narcotics.

Helix Diagnostics is a full-service clinical laboratory that provides complete toxicology analysis. Ark Laboratory Expands to Become Helix Diagnostics

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