SLR Healthcare ABL closed a $3 million asset-based revolving credit facility for a behavioral health company that provides services to children and adults dealing with behavioral health, educational and developmental disabilities.
The company provides its services in 22 outpatient locations as well as in patients’ homes, clinics, day centers and private school settings. The company’s equity sponsor sought financing to replace an existing bank credit facility that was limiting the company’s growth. SLR Healthcare ABL was structured the credit facility to provide additional working capital.
