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Monticello Provides $2MM in Working Capital for 338-Bed Skilled Nursing Facility Portfolio

Date: Sep 23, 2020 @ 08:45 AM
Filed Under: Nursing Facilities

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $2.00 million working capital loan to the operating companies of two skilled nursing facilities totaling 338 beds in Montana. The financing is provided by Monticello’s asset-based lending group, Monticello Commercial Capital, LLC.

Monticello offers floating rate bridge loans, 5, 7 and 10-year fixed rate loans, and working capital lines of credit. Monticello provides financing for healthcare facilities and commercial real estate throughout the U.S.

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