Consumer Goods Massachusetts
$3MM Line of Credit Supports Texas Senior Care Group
Transaction Details
- $3MMFUNDED
- Asset-Based Lending
PRODUCT- Healthcare
INDUSTRY- Texas
LOCATIONFebruary, 2025A Texas-based senior care group, operating three skilled nursing facilities (SNFs) and one assisted living facility, secured a $3 million line of credit from eCapital. The company sought improved financing terms and a more supportive lender to better manage their working capital needs.
With eCapital’s flexible financing solutions and healthcare sector expertise, the company successful refinanced out of a competitor, gaining improved terms and greater financial stability. The enhanced cash flow will allow them to continue providing high quality care while maintaining smooth operations.
eCapital’s tailored approach and deep understanding of healthcare financing ensured the senior care group had the right funding in place to support their business and long-term growth.
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- Asset-Based Lending