FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Siena Healthcare Finance Provides $10MM Credit Facility to Group of Skilled Nursing Facilities

March 22, 2022, 07:22 AM
Filed Under: Nursing Facilities

Siena Healthcare Finance closed a $10 million working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main objective was to engage a lender that listened, had deep knowledge of the sector, and could execute. They chose Siena Healthcare Finance because they could deliver on all requirements.

“We provided a competitive and flexible solution to support our newest client’s working capital, not only for their current needs, but this line of credit sets the stage for their future growth initiatives,” said Jennifer Sheasgreen, Siena Healthcare Finance President. “We are excited about the prospects for this company and with this revolving line of credit, they have assurance that Siena Healthcare Finance is there to support them now and in the future.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.