Asset Based Lending
$1,100,000
FUNDED- DATEDecember, 2024
- DIVISIONHealthcare
- CATEGORYAsset Based Lending
Pennsylvania
eCapital Delivers $1.1 Million ABL Facility to 95-Bed Skilled Nursing Facility in Pennsylvania
A well-established skilled nursing facility in Pennsylvania, with 95 licensed beds, secured a $1.1 million Asset-based Lending (ABL) facility from eCapital to support its operations and ongoing growth.
With financial challenges related to managing operational costs and funding needs, the facility turned to eCapital for reliable and flexible healthcare financing options. eCapital’s ABL facility provided the capital necessary to stabilize cash flow, streamline working capital, and ensure long-term success.