Midwest

eCapital Facilitates $10 Million Post-Receivership Financing for Skilled Nursing Facility Operator

This Midwest-based operator acquired eight skilled nursing facilities out of receivership in 2021. As the client expanded and stabilized these newly acquired assets, strategic financing was essential to ensure operational continuity and efficiency. Recognizing the specific challenges of this healthcare sector, eCapital provided crucial financial support with a $10 million secured revolving line of credit.

The operator was impressed by eCapital’s innovative approach, the speed of its funding process, and the team’s deep healthcare industry expertise. This positive experience resulted in a swift partnership agreement that delivered a customized healthcare receivables financing solution suited to the client’s specific needs, leveraging eCapital’s thorough understanding of the skilled nursing industry and experience navigating complex transitions.