Certified Diabetic Gets $2 Million in Financing

Certified Diabetic Services Inc., a diabetic supplies and pharmaceuticals direct marketer, has closed a $2 Million private placement debt financing to be used to repay outstanding bank debt and provide working capital.

CDS, Naples, FL, currently serves more than 12,000 member patients with Medicare, Medicaid, Managed Care private insurance, who require monthly diabetic supplies, pharmaceuticals and doctor ordered diabetic education.