Siena Healthcare Finance announced the closing of a $15MM working capital facility for Michigan-based Optalis Health & Rehabilitation. Siena provided the line of credit for Optalis’ acquisition of a new SNF group.“We are thankful to partner with Raj...
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April 18, 2023, 07:27 AM
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Siena Lending Group announced an increase to its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is a leading independent asset based lending business, supporting middle market...
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February 01, 2023, 07:52 AM
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Siena Healthcare Finance has added Brendan Tully as NYC based Business Development Officer. Located in New York City, Tully spent three years as a field examiner for PNC Business Credit before joining Chesapeake Corporate Advisors, then B.C. Ziegler...
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January 30, 2023, 08:02 AM
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Siena Healthcare Finance announced the addition of Linda Kasian as VP, Underwriting. In her new role, Linda will be responsible for underwriting new healthcare transactions and working with the business development team in reviewing new opportunities...
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September 22, 2022, 07:33 AM
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Siena Healthcare Finance closed a $20MM working capital facility for an Ohio-based chain of skilled nursing facilities. Siena refinanced the line of credit from a large commercial bank.“We offered a competitive financing package with the flexibility...
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August 16, 2022, 07:35 AM
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Siena Lending Group announced the promotion of longtime team members Scott Elliotto and Jason Schick, who will play key roles in helping the company build on the success of its Healthcare Finance division. In addition to his current role as the...
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June 22, 2022, 07:42 AM
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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...
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March 22, 2022, 07:22 AM
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Siena Healthcare Finance announced the addition of Dan Whitwer as Managing Director and Chief Risk Officer.Located in Los Angeles, Dan brings over 20 years of experience in asset-based lending to Siena. Prior to joining the Healthcare team, he served...
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October 26, 2021, 07:59 AM
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Siena Healthcare Finance recently provided a $12 million working capital facility for a private equity backed, multi-state provider of specialty pharmaceutical, infusion and nutritional therapy services for patients with chronic illnesses and health...
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September 29, 2021, 07:40 AM
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Siena Lending Group continues to be a leader in the asset-based lending industry, consistently finding creative ways to offer clients maximum flexibility and liquidity. To follow is an overview of the financing solutions that Siena and Siena...
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July 29, 2021, 07:40 AM
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Siena Healthcare Finance provided a $12,000,000 working capital facility for a California-based transportation company that provides non-emergency medical transportation. The facility consists of a revolver and term loan against the company’s vehicle...
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May 18, 2021, 07:33 AM
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Siena Healthcare Finance recently led a $35MM asset-based line of credit for a home health company based in NY. The line will be used to support acquisitions and provide working capital for ongoing operations and growth initiatives. The Company...
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April 19, 2021, 07:20 AM
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Siena Lending Group, (Siena), a leading asset-based lending company, announced the expansion of its national commercial lending capabilities with the launch of Siena Healthcare Finance. This new division of Siena will provide a broad range of...
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September 05, 2019, 09:00 AM
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