McKnight's May 2, 2024
Accessing capital is critical for long-term care facilities looking to expand services, upgrade technology and enhance patient care within an increasingly competitive and demanding market. While traditional paths like property company loans have been relied upon for years, emerging complementary asset-based lending (ABL) solutions from specialty healthcare lenders offer ways to increase cashflow to meet the evolving needs of these facilities. This guide for long-term care facility owners provides an overview of these financing solutions and their potential to unlock additional liquidity for operations.
The rise of ABL from specialty healthcare lenders
Specialty healthcare lenders have emerged as key players in today’s financing landscape, offering ABL solutions that meet the needs of long-term care facilities. These lenders have an in-depth...