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  $1.25MM Healthcare Receivables Facility Provides Working Capital for Skilled Nursing Facility
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100-bed Skilled Nursing Facility Receives $1.2MM Secured Revolving Line of Credit From eCapital

Transaction Details

$1.2MM
FUNDED
PRODUCT
Healthcare
INDUSTRY
Des Moines, IA
LOCATION

March, 2024

This 100-bed skilled nursing facility in Iowa came under new ownership in late 2023 and required working capital financing to facilitate operations. eCapital was able to provide a $1.2 million secured revolving line of credit to ensure that the company has access to the working capital it needs to serve its patients and staff.