LifeMD Closes $50 Million Revolving Credit Facility with Citizens Bank.

LifeMD, a leading provider of virtual primary care and pharmacy services, has closed a $50 million revolving credit facility with Citizens Bank. The facility has a maturity date of January 2, 2029 and provides for up to $50 million of total availability, with $30 million committed and an additional $20 million accordion option. No balance was drawn at closing, as the company believes its cash on hand and expected cash flow are sufficient to fund its growth initiatives.