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SELECTED TRANSACTION DETAILS
Congressional Bank, HHC Funding Provide $5.5MM ABL to Cypress Skilled Nursing
Monday, January 20, 2014

Lenders/Participants Congressional Bank [Lender]
HHC Funding [Lender]
Structure Asset-Based Line of Credit
Amount $5.500 Million
Borrower(s) Cypress Skilled Nursing, LLC
Description The line of credit will be used for ongoing working capital needs associated with Cypress Skilled Nursing's acquisition of the operations of nine skilled nursing facilities located in Georgia.
Industry Healthcare
Related Tags Congressional Bank