Assisted Living and Skilled Nursing Page | North Avenue Capital

Assisted Living & Skilled Nursing Facility Loans


$2 Million - $25 Million
Loan Amounts

Populations of
50,000 or Fewer


We Focus on the Financing, You Focus on Resident Care

As Baby Boomers, one of the largest generations in the U.S., continue to retire in record numbers, access to quality assisted living and skilled nursing facilities will continue to be paramount in the coming years. The task of selecting a community for an aging loved one is daunting, as families carefully consider the wide range of services and medical care (physical therapy, occupational therapy, speech-language pathology, wound care, etc.) provided, in addition to the resort-like amenities offered by many. Almost equally daunting is the task of securing financing for one of these vital facilities, even more so in rural areas.

If you own an assisted living community or elder care center or are considering opening a skilled nursing community, North Avenue Capital’s Assisted Living and Skilled Nursing Facility Loans can help. Whether you’re looking to renovate an existing community to pamper residents with new amenities (like a hair salon or game room), build a new structure from the ground up, refinance existing debt, or fund working capital to expand your memory support team, NAC will take care of the financing so you can focus on your first priority – caring for residents.

Interested in financing from NAC?

  • Minimum Loan Amount: $2 Million
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Loan Solutions for Assisted Living Facility Operators

AcquisitionWe can provide the funds for experienced assisted living and skilled nursing facility owners to grow their business by purchasing an existing community or facility to help save or create jobs including the acquisition of capital shares, equity interests, and assets.

ConstructionUSDA B&I Loans can be used to finance commercial construction, whether that includes expanding or renovating your community’s existing facilities or building structures for your elder care center from the ground up. We can help fund your next project or assist you in launching your new care facility.

RefinanceHigh-interest payments can prevent you from investing back into your business, which hinders even booming assisted living communities from expanding. We can help you replace existing high-interest loans with new financing that provides more favorable interest rates, terms, and conditions.

EquipmentPurchasing medical equipment and other supplies for various therapy services is essential for assisted living communities and skilled nursing facilities to provide the highest level of comfort and care to help their residents with the activities of daily living and age gracefully. With a USDA B&I Loan, we can help you acquire the equipment, inventory, and supplies your community needs to help your residents regain strength and live life to the fullest.