Middle-market lender Fifth Street Finance Corp. (Nasdaq: FSC), which has been actively working to increase its loan offerings, has made a $110 million acquisition of Healthcare Finance Group LLC (HFG) that will allow it to provide asset-based loans (ABLs) through the target.

New York-based HFG is a specialty lender that provides ABLs – loans secured by a company’s inventory or accounts receivable, or other assets - and term loans, to the health care industry. The company has financed more than $21 billion in receivables and has an outstanding loan portfolio of 57 loans valued at $270 million.

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