Siena Healthcare Finance closed a $10 million working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main objective was to engage a lender that listened, had deep knowledge of the sector, and could execute. They chose Siena Healthcare Finance because they could deliver on all requirements.

“We provided a competitive and flexible solution to support our newest client’s working capital, not only for their current needs, but this line of credit sets the stage for their future growth initiatives,” said Jennifer Sheasgreen, Siena Healthcare Finance President. “We are excited about the prospects for this company and with this revolving line of credit, they have assurance that Siena Healthcare Finance is there to support them now and in the future.