Monticello Provides $2M in Working Capital Financing for 305-Bed Skilled Nursing Portfolio in Wisconsin

by Jeff Shaw

WISCONSIN — Monticello has provided a $2 million working capital loan to the operating companies of three skilled nursing and assisted living facilities totaling 305 beds in Wisconsin.

Monticello’s asset-based lending group, Monticello Commercial Capital, provided the financing.

The borrower an experienced owner and operator with a current portfolio of 4,969 licensed beds/units.

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