Asset Based Lending
$3,000,000
FUNDED- DATEFebruary, 2023
- DIVISIONHealthcare
- CATEGORYAsset Based Lending
West Coast, USA
$3 Million Senior Secured Revolving Line of Credit Boosts Growth for West Coast Skilled Nursing Facility
This funding highlights our strategic partnership with a West Coast skilled nursing facility operator. The collaboration involves a $3 million senior secured revolving line of credit, enabling the operator to acquire two additional facilities and expand its regional presence.
This transaction highlights eCapital’s commitment to supporting the growth aspirations of its clients. Our deep understanding of the healthcare industry, particularly the senior care sector, was instrumental in structuring a financing solution that aligns with the operator’s strategic goals. The flexible nature of the revolving line of credit provides the operator with the necessary capital to pursue these acquisitions and continue delivering high-quality care to a larger community.