- News Detail Share Test
- Danimer Scientific Announces Improved Liquidity Position with Closing of $130 Million Senior Secured Term Loan
- Eclipse Business Capital Provides $28.5MM To Support the Acquisition of Flooring Products Distributor
- BHI Commercial and Industrial Group Announces $45 Million In New Financing Transactions
- Gateway Trade Funding Provides a $1,500,000 Purchase Order Facility to an Apparel Company
SLR Healthcare ABL Provides Financing to Home Health & Hospice Provider
February 27, 2024
Source: SLR Healthcare ABL
SLR Healthcare ABL recently closed a $3MM asset-based revolving credit facility for a PE backed home health and hospice provider (the “Company”). The Company provides skilled home health, end of life care, and other related services to patients in home-based settings. The Company was formed in 2020 and has expanded through both acquisitions and de novo operations but has been constrained by their existing bank financing. SLR Healthcare ABL structured a credit facility that will provide the necessary working capital to accelerate the Company’s growth and achieve its strategic objectives.
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 $40 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