Doctor Care Anywhere (ASX:DOC) has entered into a four-year secured and guaranteed loan agreement with AXA PPP Healthcare Group to borrow up to ?10,000 in 3 tranches.

Doctor Care Anywhere says it will use the loan for general working capital purposes in accordance with the terms of the loan.

Its Chairman Richard Dammery says AXA is its major partner and primary source of revenue, and the deal is further evidence of belief in its service:

?The agreements announced today obviously increase DCA?s dependence on AXA, and enhance AXA?s rights, but they also ensure the company can continue to develop innovative healthcare pathways into 2023 and beyond.?