Purchase Equipment and Technology
Upgrade your facility’s equipment and technology to provide better care.
Managing a senior assisted living facility can be challenging. From hiring quality, caring staff to maintaining all aspects of your facility, getting access to financing to pay for these is important. You want to provide the best possible care and comfort in a modern assisted living facility. Consider assisted living financing to cover your everyday working capital needs.
Upgrade your facility’s equipment and technology to provide better care.
Purchase new furniture to create comfortable, modern spaces in your facility.
Cover the cost of recurring expenses like payroll, insurance, and utilities.
Expand your assisted living facility to a larger or second location.
How do senior care commercial business loans work? Applying for a business loan has never been easier.
Submit your application securely in minutes.
We’ll discuss the right financing option for you.
Receive financing and start growing your business.
When considering the needs of your senior care facility, you want a lender who has worked with senior care businesses before. At Springville Partners, we understand that securing financing can be difficult. As a business owner, you sometimes have to wait for customers to pay for care and for payments to clear. Senior care business loans from Springville Partners don’t require lengthy paperwork. Speak with one of our friendly, knowledgeable Funding Specialists to learn more about our small business financing options
An Senior Care & Assisted Living business loan is an investment in the growth of your company — but securing financing is only a fraction of what it takes to manage your finances. We’ve put together a list of resources to give you the whole story on loans, taxes, and managing the financial health of your company.
They are based off of your business cash flow without the needs of any asserts or collateral. having a low credit score or tax susses is not a deal breaker.
If you have a query regarding a loan then we are here to your help you can arise your query also.
There are no restrictions on the usage of your funds. Once you’ve received funding, you can use it as you see fit.
The first step to receiving funding is filling out our online application. Once filled out, we’ll get in touch with you to discuss your financing options. Depending on your business needs, you may be eligible to receive funding with the documentation provided in your application. In the case a financing option requires additional documentation, we’ll let you know. Once you’re approved, you can expect financing in as little as 24-48 hours.
Bad credit isn’t normally a deal breaker. Your financing options are based on business cash flow. If your business receives over $5,000 in gross deposits, we encourage you to apply.
Once your application and bank statements are submitted, it only takes 4-10 hours to receive a decision from underwriting. If you accept the offer, we can have the funds in your account in as little as 24 hours.
We can typically finance anywhere from 100% to 200% of your average monthly gross deposits.
Once approved, you’ll receive funding in a few hours. Normally we can fund within 24 hours of receiving the application and banking statements.
There are no penalties for early payment. In some cases, we offer discounts for paying your loan off early.
Yes, we can consolidate existing loans into one note. And we can also fund advances while having existing ones without paying them off. There are options.
Fill out our online application or contact us directly, and one of our representatives will be happy to assist you. Feel free to call us at (347) -778-5195