Exhibit 10.1 STERLING FINANCIAL INVESTMENT GROUP RICARDO A. RIVAS 225 N.E. Mizner Boulevard, 4th Floor Managing Director Boca Raton, FL 33432 Investment Banking Division Tel 305.728.1650 rrivas@mysterling.com CONFIDENTIAL May 3, 2004 Mr. Jerry Braun...New York Health Care Inc • May 17th, 2004 • Services-home health care services • Florida
RECITALS --------Loan and Security Agreement • May 17th, 2004 • New York Health Care Inc • Services-home health care services • Maryland
