• $15,000,000

    FUNDED
  • DATEOctober, 2023
  • DIVISIONHealthcare
  • CATEGORYAsset Based Lending
Midwest, USA

eCapital Strengthens Midwest Healthcare Landscape with $15 Million Credit Line for Skilled Nursing Facility Operator

This $15 million senior secured line of credit refinanced the operator’s existing commercial bank line of credit, providing them with a more flexible and efficient financing solution.

The operator, managing a network of 11 facilities, will leverage the new credit line to optimize working capital and ensure smooth day-to-day operations. eCapital’s deep understanding of the healthcare industry, combined with its focus on customized financing options, allowed them to tailor a solution that aligns with the operator’s specific needs. The revolving line of credit structure offers greater flexibility than a traditional loan, enabling the operator to access capital as required for operational expenses and ongoing management.

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