SLR Healthcare ABL Provides $3 Million Asset-Based Revolving Line of Credit to a Hospice Care Provider

SLR Healthcare ABL recently closed a $3MM asset-based revolving credit facility to a Midwest-based hospice provider. The private equity backed company was formed in 2022 to invest in regional hospice businesses where existing managers are seeking capital and advanced technological capabilities to grow their business. Today the company operates in four states and provides end of life care to patients primarily through in-home and assisted living facility settings. The new revolving credit facility will be used to help fund a new Electronic Medical Record system implementation as well as support ongoing growth initiatives 

About SLR Healthcare ABL

SLR Healthcare ABL provides asset-based financing solutions to healthcare providers throughout the United States. With over 250 years of combined senior management healthcare finance expertise, SLR Healthcare ABL provides revolving lines of credit, senior term loans, and real estate loans from $2 million to $250 million for working capital, acquisitions, and refinancing. SLR Healthcare ABL is a portfolio company of SLR Senior Investment Corp. (NASDAQ: SLRC) For more information, please visit www.slrhealthcareabl.com.