Receivables Finance News

eCapital provides US$6m facility to support skilled nursing operator in California

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eCapital Corp., a tech-enabled specialty finance provider, has funded a US$6 million healthcare receivables facility for a skilled nursing operator in California to support working capital needs and ongoing operations.

The facility provides immediate liquidity, helping the operator manage reimbursement delays, meet regulatory demands, and maintain financial flexibility while focusing on patient care.

“Healthcare is a sector where experience matters,” said Steven Silver, Head of Sales, ABL at eCapital.

“This transaction is one of many we’ve closed recently to help skilled nursing and healthcare operators overcome reimbursement delays, manage payroll, and invest in growth.”

The deal expands eCapital’s healthcare finance portfolio, which includes facilities for hospitals, home healthcare, hospice, behavioural health, and other providers nationwide.