SixCap Healthcare Finance closed a $3 million asset-based revolving line of credit for a Kansas-based operator of six skilled nursing facilities. The facility provides working capital to support ongoing operations while featuring additional commitment capacity to accommodate future growth initiatives.
The new revolving credit facility is designed to support the operator’s current liquidity needs while providing flexibility to expand alongside the organization as it continues to grow its footprint and services throughout the region.
“We are honored to continue our relationship with this ownership group and support their next phase of growth,” Jennifer Sheasgreen, co-founder and CEO of SixCap Healthcare Finance, said. “Relationships matter in healthcare lending, and we are grateful for the trust this team placed in us. Our goal is to provide more than capital. We strive to be a transparent, responsive financing partner that helps operators confidently execute on their business objectives.”
