Asset Based Lending
$1,100,000
FUNDED- DATEJuly, 2024
- DIVISIONHealthcare
- CATEGORYAsset Based Lending
Texas
Texas SNF Leverages eCapital’s Healthcare Financing Solutions for Expansion
This $1.1 million accounts receivable financing line of credit was provided to a Texas-based skilled nursing facility with 54 Medicare and 66 dual-licensed beds. The company will use the funds to acquire another SNF, expanding their capacity and service offerings to better meet the growing demand for quality care in the region.
As a leading provider of financing solutions for skilled nursing facilities, eCapital understands the unique challenges and opportunities facing providers in this industry. Our deep expertise and tailored approach enable us to support the growth and expansion of SNFs like this provider in Texas.