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SLR Healthcare ABL Provides $4MM ABL Revolver for Skilled Nursing Facility

Date: Mar 27, 2024 @ 09:03 AM
Filed Under: Nursing Facilities

SLR Healthcare ABL provided a $4 million asset-based revolving credit facility for a skilled nursing facility. The borrower is a Nevada based provider of 24-hour skilled nursing, post-operative care, and specialized programs including orthopedic rehab, ventilator care, and wound management.

Proceeds of the loan were used to refinance existing debt and provide working capital to support growth initiatives.

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