Forterus, Inc. (Pink Sheets: FTER) today announced that it has signed agreements with J.P. Morgan Chase & Co. and other independent investors to provide financing to qualified consumers seeking behavioral healthcare services.
"We have just formed an affiliation with J.P. Morgan that enables us to refer some of our prospective clients to them for behavioral healthcare financing," said Paul Howarth, CEO of Forterus.
Forterus has also obtained an agreement with a group of independent investors who have agreed to underwrite and purchase loans that Forterus provides to clients seeking behavioral healthcare services.
"We feel fortunate to be able to find lenders to finance some of our clients in this extremely difficult banking environment," Howarth said.