EBSC Lending Closes $33.2M Senior Secured Credit Facility

EBSC Lending has closed a $33.2 million senior secured credit facility for a privately held company, providing a flexible capital structure to support acquisition activity and ongoing working capital needs. EBSC Lending served as the administrative agent on the senior credit facilities.

The financing package consisted of a $19.0 million revolving asset-based line of credit and a $14.2 million real estate term loan, structured to address both liquidity and long-term asset financing requirements.

Transaction Overview

The borrower is a post-acute care provider operating 11 facilities across four states. Proceeds from the real estate term loan were used to finance the acquisition of a skilled nursing facility, while the revolving line of credit provided incremental working capital to support operations and growth.

EBSC Lending structured the senior secured facility to align with the sponsor’s priorities, balancing acquisition financing with operational flexibility. In connection with the transaction, Aaron Donovan, Senior Vice President of EBSC Lending, stated, “Understanding a client’s needs and priorities enables us to develop a creative financing solution that fully supports their goals.”

The transaction also reflects continued momentum across EBSC Lending’s platform. Commenting on activity levels, Martin Alex, President of EBSC Lending, noted, “This has been a very busy year for us, the busiest for us since our inception.” He added, “I have a team that has an unwavering commitment to excellence and we are proud to support our clients and we look forward to working with them again as they continue to grow.”

As administrative agent, EBSC Lending coordinated the senior credit facilities, ensuring efficient execution and alignment across the capital structure.

Market Context + What It Means

Post-acute care operators often require multi-component capital solutions that combine real estate financing with revolving liquidity to manage acquisitions, staffing, and operating expenses. Senior secured credit facilities that integrate asset-based lending with real estate term loans are particularly effective for sponsors operating across multiple facilities and jurisdictions.

In a selective credit environment, private lenders capable of structuring and administering complex senior facilities play a critical role in enabling healthcare operators to execute acquisitions while maintaining operational resilience. Acting as administrative agent further streamlines execution and oversight for borrowers navigating multi-faceted financings. By closing this $33.2 million senior secured facility, EBSC Lending enabled the sponsor to complete a strategic acquisition, enhance liquidity, and continue scaling its post-acute care platform.

Frequently Asked Questions

What type of financing did EBSC Lending provide?

EBSC Lending provided a $33.2 million senior secured credit facility, including a $19.0 million revolving asset-based line of credit and a $14.2 million real estate term loan.

How were the loan proceeds used?

The real estate term loan financed the acquisition of a skilled nursing facility, while the revolving line of credit provided working capital.

What role did EBSC Lending play in the transaction?

EBSC Lending served as the administrative agent on the senior credit facilities.

What types of borrowers does EBSC Lending finance?

EBSC Lending provides senior secured credit facilities, asset-based loans, bridge loans, and real estate financing for healthcare operators, real estate investors, and operating companies nationwide.

Related EBSC Lending Financing Programs

EBSC Lending provides flexible private capital solutions across the United States, including:

• Senior Secured Credit Facilities – Integrated ABL and real estate financing solutions

• Asset-Based Lines of Credit – Working capital facilities secured by operating assets

• Healthcare & Senior Housing Financing – Customized solutions for post-acute and skilled nursing operators