• $3,000,000

    FUNDED
  • DATEApril, 2024
  • DIVISIONHealthcare
  • CATEGORYAsset Based Lending
Midland, TX

eCapital Supports Expansion of Quality Care with $3 Million Funding for Texas SNF Operator

In the heart of Texas, this healthcare provider with a mission to serve seniors across the state was poised for growth. Established in 2016, they had successfully built a network of 28 skilled nursing facilities, all committed to the QIPP program, ensuring quality care for their residents.

To seamlessly integrate seven new SNFs into their existing network, they partnered with eCapital for a $3 million senior secured revolving credit facility.

The working capital financing ensures a smooth transition for the new facilities, allowing them to quickly become part of the established system of care. With this support, the healthcare provider can focus on what matters most – providing exceptional service to their residents across all 28 locations.

LATEST TRANSACTIONS


Gloversville, NY

$18,000,000

Business Services

Asset Based Lending

Details
Markham, ON

$3,500,000

Food & Beverage

Invoice Factoring

Details
Calgary, AB

$10,000,000

Staffing

Payroll Funding

Details