August 22, 2017 3:45 AM ET

Diversified Financial Services

Company Overview of Bankers Healthcare Group LLC

Company Overview

Bankers Healthcare Group LLC provides financial solutions to healthcare professionals in the United States. It offers loan programs, such as commercial working capital, personal financing, and funding for startup entrepreneurs; personal and business credit cards; and insurance solutions that include business and personal insurance, as well as professional services, such as human resources administration and support, employee benefits administration, payroll and payroll tax administration, employee benefits, workers' compensation and risk management, non-qualified deferred compensation programs, ACA and government compliance. The company provides loan programs for working capital, business de...

10234 West State Road 84

Davie, FL 33324

United States

Founded in 1992

Phone:

866-297-4664

Fax:

954-384-9609

Key Executives for Bankers Healthcare Group LLC

Co-Founder, Chairman and Chief Executive Officer
Co-Founder and President
Co-Founder and Chief Operating Officer
Chief Financial Officer
President of Healthcare Lending Solutions Division
Compensation as of Fiscal Year 2017.

Bankers Healthcare Group LLC Key Developments

Bankers Healthcare Group Appoints Mark Schmidt as Chief Regulatory Relations Officer

Bankers Healthcare Group appointed Mark Schmidt as Chief Regulatory Relations Officer. This new position enables BHG to assist its key strategic partners with regulatory and compliance matters, in addition to enhancing BHG's risk management and reporting. Schmidt most recently spent seven years as a Managing Director at Promontory Financial Group. Prior to that, he led a successful 33-year career in bank supervision with the Federal Deposit Insurance Corporation (FDIC), where his most recent roles were Head of Bank Supervision Policy in Washington, D.C., and Regional Director of the Atlanta region, which included seven states.

Tralongo Seeks Acquisitions

Tralongo, LLC announced that it has received $55 million in funding from Freedom 3 Capital, Bankers Healthcare Group LLC, and other investors. The new investment will be used to finance Tralongo’s continued growth throughout the United States. All growth capital from the raise will be funneled into acquiring dental practices, accelerating the firm’s growth plans and executing its unique and innovative business model. The firm has chosen to partner with SEC registered investment advisor Freedom 3 Capital because of its track record working with middle market companies on behalf of its private funds and institutional managed accounts.

Bankers Healthcare Group Reports Earnings Results for the Year Ended December 31, 2015

Bankers Healthcare Group LLC reported a revenue of $144.8 million and pretax income of approximately $77.7 million for the year ended December 31, 2015.

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Recent Private Companies Transactions

Type
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Target
Private Placement
December 15, 2016
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