Rockland Trust has given more than $17 million in financing to Fallon Ambulance Services Inc., the largest independently owned ambulance service in Massachusetts. The funds will support the company’s operations, real estate assets, machine and equipment upkeep and future purchases.
Provided by Rockland Trust’s asset-based lending group, this financing includes a revolving line of credit, term loan, real estate mortgage and capital expenditure line of credit designed to maintain Fallon Ambulance Services’ current operations and position the company for future growth.
"With this financing from Rockland Trust, we will be able to continue effectively and safely servicing the Massachusetts community," Tim Fallon, owner of Fallon Ambulance Services, said in a statement. "Chris O’Connor and the entire Rockland team took the time to understand our business and what we need to grow, offering us support, expertise, and service we have not encountered elsewhere."





