Wingspire Capital provided a $55 million revolving credit facility to a leading contract healthcare services provider that serves thousands of sites across the country.

Wingspire Capital’s Healthcare Finance team partnered with the borrower to deliver a flexible, creative financing solution designed to enhance liquidity and support their strategic objectives. Proceeds will be used to replace a previous credit facility and create greater liquidity for general corporate purposes.

The borrower serves senior living, assisted living, post-operative and other rehabilitation facilities as it evaluates, plans, and provides onsite physical, occupational, and speech-language therapy that is customized to each patient’s needs and adapted as they make progress to achieve the best outcome. 
    
“We enjoyed working with the borrower’s dedicated management team to understand their business objectives, opportunities, and challenges so we could develop an ideal financing solution that met their unique needs,” said Mark Klaassens, Managing Director at Wingspire Capital.

“Wingspire Capital is pleased to be a lender of choice for middle market companies in healthcare and many other industries as we offer superior personalized attention, creativity, and flexible capital to elevate businesses and accelerate their success,” said James Garlick, Head of Wingspire Corporate Finance.