Encina Lender Finance closed an inaugural senior credit facility for Great Elm Healthcare Finance, a Nashville, TN-based provider of financing for healthcare operators.
Great Elm Healthcare Finance’s product offerings include asset-based revolving loans, mortgage financing, secured debt and other capital solutions for working capital, refinancing, acquisition and recapitalization. The company focuses in areas such as skilled nursing, assisted living, senior housing, memory care, acute care facilities and specialty pharmacies.
“Encina Lender Finance is thrilled to support and partner with the Great Elm Healthcare Finance team, who are well-known to the ELF team and have an impressive track record of building successful healthcare finance businesses,” Ed Chang, CEO of Encina Lender Finance, said.
“The Encina team is a pleasure to work with, providing us with responsive, creative solutions every step of the way,” Mike Gervais, CEO of Great Elm Healthcare Finance, said. “ELF understands our business and needs, and they provide us with flexibility and agility to better serve our customers.”
