SLR Healthcare ABL Provides Financing to a Skilled Nursing Operator

SLR Healthcare ABL is pleased to announce that it has provided an $8 million asset-based revolving line of credit to a Midwest-based senior living operator (the “Company”). The Company operates and manages over thirty skilled nursing facilities across multiple states that specialize in skilled nursing, rehabilitation, and memory care as well as assisted living facilities. The transaction was referred to SLRHC by an existing client. 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, growth, acquisitions, refinancing and restructuring/recapitalizations. SLR Healthcare ABL is a portfolio company of SLR Senior Investment Corp. (NASDAQ: SLRC) For more information, please visit www.slrhealthcareabl.com