Access Healthnet Signs Financing Agreement

Access Healthnet Inc., a Westlake Village provider of communications systems linking doctors’ offices, hospitals, laboratories and other health-care units, has entered into a $35-million financing arrangement with Forrest Financial Corp. of Oakbrook Terrace, Ill.

The agreement calls for Forrest to purchase leases generated by Access’ nationwide program that leases computer hardware and other items to Access customers. James Keegan, Access’ chief financial officer, said the agreement will provide the Westlake Village firm with the ability to continue expanding.

He said the borrowings “will provide funding for both a portion of the contracts we currently have in place and are in the process of negotiating.”

Keegan said Access will also be able “to fund our remote systems sales, providing management with the ability to secure new contracts with other large health-care companies.”