CNH Finance Announces $45.5 Million in New Commitments Throughout Q2 2021

CNH Finance is pleased to announce $45.5MM in new commitments throughout Q2, 2021. Recent financings include senior credit facilities to multiple skilled nursing facilities, a hospital and a healthcare record management company. The deals were:

• $10 million AR revolving letter of credit for a health IT record management committee
• $10 million AR revolving letter of credit for an acute care hospital
• $14.6 million real estate bridge loan for an assisted living facility
• $3.5 million AR revolving letter of credit and term loan for a rehabilitation and skilled nursing facilities
• $1 million AR revolving letter of credit (HUD compliant) for a skilled nursing facility
• $1 million AR revolving letter of credit for a skilled nursing facility

CNH Finance specializes in middle-market asset-based lending providing clients working capital from $1MM to over $20MM.  Financing is provided in the form of revolving lines of credit and term loans secured by accounts receivables, inventory, equipment, and real estate. CNH Finance provides growth and turnaround capital to healthcare providers and companies that may be experiencing limitations or delays on conventional bank loans. CNH serve clients in a variety of industries, from healthcare to business services, food and beverage, retail, manufacturing and distribution.