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Skilled Nursing Facility Based in Rhode Island Benefits from $2MM Secured Revolving Line of Credit from eCapital

Transaction Details

$2MM
FUNDED
PRODUCT
Healthcare
INDUSTRY
Pawtucket, RI
LOCATION

March, 2024

This 154-bed skilled nursing facility in Pawtucket, RI was acquired out of receivership earlier this year and required working capital financing to support operations. eCapital issued a $2 million secured revolving line of credit that will give the business immediate access to working capital.