SLR Healthcare ABL Provides $9 Million Asset-Based Revolving Line of Credit to a Nursing Home Operator

SLR Healthcare ABL (“SLRHC”) is pleased to announce it has provided financing for a $9MM asset-based revolving credit facility to an Illinois-based nursing home operator (“Company”). The Company includes four facilities with over 1,100 beds that specialize in short-term rehab, skilled nursing, and physical therapy. The transaction expands SLRHC’s existing relationship with the Company’s principals and related businesses. Proceeds of the credit facility were used to refinance existing debt and provide additional liquidity for operations.

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.