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Skilled Nursing Facility Provider Secures $3.5 Million in Growth Capital

Transaction Details

$3.5MM
FUNDED
PRODUCT
Healthcare
INDUSTRY
Illinois
LOCATION

July, 2024

This Illinois-based skilled nursing facility provider will utilize the $3.5 million accounts receivable financing line of credit to fund the acquisition of another SNF.

Recognizing eCapital’s deep expertise in financing skilled nursing facilities, the provider selected us to provide the flexible and scalable financing solution needed to support their strategic growth. This line of credit will provide the company with access to the working capital necessary to successfully integrate the newly acquired facility and continue delivering exceptional care to their patients.