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Updated almost 3 years ago,
Finding Financing for Assisted Living
Hello Everyone! Looking to see if anyone has had any luck finding financing for an established assisted living facility (real property w/ separate partnership with operator to run day to day). I was advised by a local credit union that I would need to go the SBA route to be able to include the income related to services in the underwriting. Before going that route, are there any other options out there short of finding more partners to pay cash? Thanks!