Skilled Nursing Operator Secures $1.2MM Healthcare Receivables Facility

eCapital provided a $1.2 million healthcare receivables facility to an operator of two skilled nursing facilities.

The financing enables the organization to access funds from eligible receivables sooner, creating a more dependable source of working capital while payments remain outstanding. This is especially important in healthcare, where the timing of reimbursements may not align with the ongoing financial requirements of operating care facilities.

With the facility in place, the operator has additional liquidity to support the day-to-day needs of both skilled nursing locations.