Concord Healthcare Group is a rapidly expanding operator of rehabilitation and nursing centers with a strong foothold in Texas in Oklahoma. When Concord sought a working capital loan to help finance the operations of four skilled nursing facilities and four long-term acute care hospitals, the group turned to CFG for an initial loan of $5 million. However, Concord continued to experience rapid growth, and their financing needs continued to change. Therefore, it became necessary to increase the working capital loan to $9 million. When Concord’s needs changed, the CFG team was happy to analyze the company’s growth, evaluate their emerging financial needs, and recommend a solution that best served the business.

 

October 2015

Concord Healthcare LTACH & SNF Portfolio

$9 Million

Working Capital Loan

Capital Finance, LLC