AccessOne Closes $300 Million Securitization Renewal with PNC Bank

Financial partnership expanded from previous $225 million credit facility to position for future growth

Charlotte, N.C. – February 14, 2023 – AccessOne, a leading provider of consumer-centric patient payment tools and financing options, today announced that PNC Bank has renewed and expanded its credit facility to $300 million, up from the previous $225 million closed in 2019. The new three-year securitization positions AccessOne to help more healthcare organizations offer simplified and affordable payment options to patients at a time when 71% of consumers say inflation has affected their ability to pay their medical bills, according to a recent AccessOne survey.

“We appreciate PNC Bank’s ongoing confidence in our ability to equip today’s hospitals and health systems with financing solutions that improve the overall patient financial experience,” said Craig Rosato, President and CFO of AccessOne. “With demand for flexible payment options expected to continue to increase in the coming years, AccessOne is well positioned to increase our capacity of provider and patients and meet this need.”

PNC Bank has deep ties to healthcare, having committed more than $34 billion in capital to the industry as of the close of 2021. The financial institution ranks in the top four of treasury management providers in the healthcare space.

“The last year of operating and credit market conditions have been a great challenge for our industry and our partner clients. This expanded capital access is a testament to AccessOne’s flexible business model, resilient team and strong partnerships with providers across the country,” said Mark Spinner, CEO of AccessOne. “We are proud to continue our financial partnership with a reputable firm like PNC Bank to provide consumers best-in-class technology-enabled financing solutions that address a critical market need.”

About AccessOne 

AccessOne, a leading healthcare fintech company, partners with health systems to provide consumer-centric payment tools for the modern patient. From pay-in-full to extended-payment plans, our mobile-native pathways make understanding and paying medical bills easy and affordable. Our text-to-pay platform strips out the need to remember usernames, passwords or account numbers, creating a frictionless experience that drives more payments. Our inclusive patient financing solution adds a Care Now, Pay Later component that accepts all patients, meaningfully lowering the financial barriers to receiving high-quality healthcare. AccessOne is reimagining payments for healthcare.  Learn more at or connect with us on LinkedIn.  

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