Asset Based Lending
$1,000,000
FUNDED- DATEApril, 2024
- DIVISIONHealthcare
- CATEGORYAsset Based Lending
Chicago, IL
eCapital Supports SNF Acquisition with $1MM Senior Secured Revolving Line of Credit
This longstanding healthcare operator with a network of over 50 facilities in the Midwest required funding to extend their reach and offer high-quality healthcare services to a wider community. The eCapital Healthcare team facilitated the funding of a $1 million facility to support the acquisition of a 108-bed skilled nursing facility in Chicago, providing a financial boost that ensured a smooth transition and allowed the team to seamlessly integrate the new facility into their existing network of care.