eCapital funded a $10 million secured revolving line of credit for a growth-oriented home healthcare and hospice organization in California. This financing will enable the company to strengthen its financial position as it continues to provide essential healthcare services.

The company sought refinancing after facing limitations with its previous lender, prompting it to explore alternative financing solutions. As a leading provider of specialized financing solutions for the home healthcare and hospice industry, eCapital was approached for its deep understanding of the unique challenges and complexities associated with managing Medicare and Medicaid accounts receivables, combined with a proven track record of successful transactions.

“In the healthcare sector, understanding the industry's intricacies is crucial to structuring a deal that truly serves the organization’s needs,” said Steve Silver, Head of Sales, ABL, at eCapital. “Healthcare finance is not one-size-fits-all. The nuances of reimbursement cycles, regulatory compliance, and operational demands require a level of expertise that not every financer can offer. In this case, our ability to navigate these complexities allowed us to provide a refinancing solution that not only met the client’s immediate needs but also positioned them for sustained growth. We’re proud to be a go-to partner for healthcare providers who need tailored, insightful financial solutions.”