Freight Factoring
$2,500,000
FUNDED- DATEJuly, 2024
- DIVISIONHealthcare
- CATEGORYAsset Based Lending
Connecticut
Connecticut SNF Provider Expands Operations with $2.5MM eCapital Financing
The successful funding of this $2.5 million accounts receivable financing line of credit for a skilled nursing facility provider in Connecticut provides the company with the funds to acquire another SNF, expanding their base of quality care.
The provider chose eCapital for our deep expertise in financing skilled nursing businesses, as well as our ability to provide flexible and scalable financing solutions. This line of credit will provide the company with the working capital needed to successfully integrate the newly acquired facility and continue delivering high-quality care to their patients.