PRODUCTS
SLR Healthcare ABL offers flexible financing solutions that help healthcare product and service providers meet their working capital and growth needs.
ABOUT OUR PRODUCTS
Healthcare product and service providers face numerous challenges in their daily operations. Securing reliable capital and constantly educating lenders about your business should not be among them. Traditional banks aren’t always a good fit for healthcare providers who need a financial partner that understands the challenges of the industry.
SLR Healthcare ABL offers its partners asset-based loans consisting of revolving lines of credit, senior term loans, and real estate loans tailored to each partner’s unique circumstances. We take the time to understand our partners’ opportunities and challenges, and find ways to help you reach your organization’s goals and overcome those challenges.
REVOLVING LINES OF CREDIT
SLR Healthcare ABL offers revolving lines of credit from $1,000,000 to $35,000,000 to healthcare providers to help those organizations meet their working capital and growth needs. Healthcare product and service providers use our revolving lines of credit for:
• Working capital
• Refinancing existing debt
• Funding acquisitions
• Funding management buyouts
• Funding recapitalization
• Other general corporate purposes
Collateral for our revolving lines of credit include Medicare, Medicaid, commercial insurance, and institutional accounts receivable.
A revolving line of credit can be an invaluable tool for healthcare businesses to manage timing differences between collections and disbursements and deal with delays in reimbursement. Having access to a flexible means of working capital financing can make an enormous difference in your company’s financial stability and ability to grow.
SENIOR TERM LOANS
Senior term loans are offered in conjunction with our revolving lines of credit for companies with a financial sponsor or other capital partner. Senior term loans are based on the company’s proven historical cash flow. SLR Healthcare ABL’s term loans can be used for:
• Acquisitions
• Internal growth
• Leveraged buyouts
• Other general corporate purposes
Senior term loans provide healthcare businesses with incremental funding for longer-term investments and growth opportunities. As a true financial partner, we provide senior term loans that fit the unique needs of healthcare service providers.
REAL ESTATE LOANS
Real estate loans are offered in conjunction with revolving lines of credit. SLR Healthcare ABL provides first mortgage financing for:
• New property acquisition
• Exercising purchase options
• Refinancing/recapitalizing existing properties
• A bridge to HUD for skilled nursing facilities
Loan sizes typically range from $1 million to $10 million. Healthcare product and service providers benefit from having one capital partner with the ability to address both their working capital and their real estate financing needs. This creates continuity in the capital structure and saves time and money for your business.
Each transaction is structured to fit the borrower’s unique situation and needs; there is no such thing as “one-size-fits-all” in what we do. This partnership approach to healthcare real estate lending is what sets SLR Healthcare ABL apart as the lender of choice in healthcare finance.