eCapital provided a $10 million asset-based lending (ABL) facility to support the growth and operational needs of a behavioral health facility in Tennessee. The funding addresses the challenges of growing operational demands and fluctuating cash flow cycles, while positioning the health facility for long-term success and sustainable growth.
The behavioral health facility provides essential services to individuals in the community seeking mental health and wellness support. However, increasing demand and fluctuating revenue cycles have created a need for a tailored financing solution to stabilize cash flow and improve operational efficiency. To address these challenges, the facility sought a partner with deep expertise in healthcare financing and turned to eCapital for its industry knowledge and proven track record in delivering flexible financing solutions.
eCapital’s ABL line-of-credit provides the working capital necessary to overcome these challenges, helping the facility address immediate financial needs while laying the foundation for long-term growth. By leveraging accounts receivable, the facility can maintain liquidity, streamline operations, and focus on delivering exceptional care to its patients.
“This behavioral health facility is dedicated to improving lives through compassionate care and innovative programs,” said Tim Peters, President, Head of ABL Group at eCapital. “We’re proud to provide a customized financing solution that empowers them to navigate industry challenges, strengthen operational stability, and achieve their growth objectives.”