LifeMD announces closing of $50 million revolving credit facility with Citizens Bank, N
Summary
LifeMD closed a $50 million revolving credit facility with Citizens Bank. The facility provides the company with additional liquidity and financial flexibility to support ongoing operations and growth. This financing is debt-based rather than equity, so it does not dilute shareholders. LifeMD operates digital telehealth and healthcare services and can use the capital to support its platform and service delivery.
Funding
Amount
$50.0M
Total raised
Date
January 6, 2026
Announcement date
Investors
Citizens Bank
Lead investors
Company
lifemd.com
Funded company
Classifications
industries
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applications
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