Siena Healthcare Finance Provides $20MM Credit Facility to Skilled Nursing Facility Group

Siena Healthcare Finance closed a $20 million working capital facility for an Ohio-based chain of skilled nursing facilities. Siena refinanced the line of credit from a large commercial bank.

“We offered a competitive financing package with the flexibility to meet our client’s needs and without some of the restrictions of their former bank line,” Jennifer Sheasgreen, president of Siena Healthcare Finance, said. “We focus on addressing our borrower’s needs expediently and collaboratively and that often sets us apart from other lenders.”