Revolving Loan Fund Highlight - Choice Research
This month's Revolving Loan Fund Highlight is Choice Research.
Choice Research manages clinical development trials in partnership with local private practice physicians, offering the opportunity for individuals to participate in cutting edge research while receiving state-of-the-art medical care.
Based out of Innovation Depot in downtown Birmingham, Choice Research has been providing its trial management services since 2009. Mark Hamilton, CEO of Choice Research, received his Masters in Healthcare Administration and Masters in Business Administration from UAB in 2000. He spent the next nine years working in the healthcare industry before writing the business plan for Choice Research in early 2009.
Choice Research CEO Mark Hamilton
Choice Research manages clinical trials ranging from gout to Type II diabetes. The experienced administrative and research staff manages all aspects of the trial, eliminating much of the headache physicians experience with running multiple trials.
Choice is a recipient of a receivables loan through the RPCGB. This loan program is only for incubator tenants and provides quick, low-cost working capital loans to small businesses using their receivables as collateral over a 30-day term.
"The RPCGB has been a life line," said Hamilton, "Having the resources of the RPCGB to help pay a staff and grow my business is crucial. I had one employee when I got my first receivables loan and now I have three employees."
To learn more about Choice Research and the work they are doing to improve the lives of physicians and patients, visit their website. For more information on the RPCGB's Revolving Loan Fund, please visit the RPCGB website.