Lafayette Square Fuels Prime IV's Growth with Senior Secured Financing
Lafayette Square has officially announced a significant step in supporting the growth of
Prime IV Hydration and Wellness, Inc., a leader in the IV hydration therapy industry. By offering a senior secured loan through its Small Business Investment Company (SSBIC), Lafayette Square aims to assist Prime IV's continued expansion across the United States. Founded in
2017 by
Amy Neary in Colorado Springs, Prime IV has rapidly established itself as a national franchise with
189 active locations in
40 states.
What is Prime IV Hydration?
Prime IV specializes in IV therapy aimed at recovery, stress reduction, anti-aging, and overall health enhancement, packaged in a relaxing setting known as the
"Prime 1-Hour Vacation." The franchise also provides additional offerings such as bioidentical hormone replacement therapy (BHRT), peptides, and NAD+ treatments. Prime IV has received accolades including being ranked #1 in the IV Therapy Category and recognized as a
"Best of the Best" franchise by
Entrepreneur Magazine Franchise 500 in both
2024 and
2025.
Support Beyond Capital
Lafayette Square is not just providing financial assistance but is also committed to the growth and success of Prime IV through its
Worker Solutions® program. This initiative aims to enhance job quality and ensure higher retention rates within their portfolio companies.
Aquil Stinson, Director at Lafayette Square, emphasized the significance of supporting businesses like Prime IV that operate outside the conventional financial hubs, noting that they often face challenges in accessing long-term capital.
Amy Neary articulated her enthusiasm regarding this partnership, expressing that it embodies a broader belief in women-owned businesses that have successfully scaled while remaining out of traditional financial centers. The investment signifies confidence in Prime IV’s robust franchise model and reflects a growing demand for accessible wellness solutions nationwide.
Market Position and Future Plans
As the healthcare landscape evolves, businesses like Prime IV stand out for their commitment to personalized wellness and their ability to offer cutting-edge services tailored to the unique needs of clients. Their consistent focus on customer-centric services positions them well for future growth in both existing and new markets.
Prime IV’s unique approach has resonated with customers looking for reliable health solutions. With
over 155 locations available nationwide and a reputation for excellent service and quality, Prime IV’s momentum is likely to continue as they seek to meet increasing consumer demand for wellness services.
The Broader Impact of Financial Partnerships
Lafayette Square's investment strategy is targeted towards promoting working-class businesses often overlooked by traditional financing methods. Their mission encompasses supporting
100,000 working-class jobs and allocating
50% of capital in working-class places by
2030. Through its partnerships, Lafayette Square aims to reshape the investment landscape, ensuring inclusivity and accessibility while fostering economic growth in communities often neglected in the world of finance.
Conclusion
In a time when accessible health and wellness solutions are vital, Lafayette Square's strategic financing for Prime IV represents a significant move toward addressing systemic inequities in capital allocation for small businesses. As both companies embark on this journey together, their commitment to enhancing wellness and improving community health outcomes appears stronger than ever.
For further information, visit
Lafayette Square's website or explore Prime IV's offerings to discover how they are shaping the future of wellness across the nation.