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Financing for Senior Care Business Owners
Equipment financing
How Select Funding Can Help Senior Care Business Owners
The senior care industry is growing with an aging population and an increased average life span.
At the same time managing a senior assisted living facility can be challenging for its owners.
Select Funding can help you provide the best possible care to the residents. We offer senior care lending
solutions to assist with hiring experienced and caring staff, upgrading equipment, and modernizing the facilities.
Expand Your Senior Care Facility
Hire and Train Caring Staff
Upgrade Technology
Pay Everyday Expenses
HEAR FROM OUR CUSTOMERS
How it Works
Step 1
Complete your application for funding in a few minutes through our online portal or call (866) 639 0404 to speak to one of our funding advisors.

Step 2
Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3
Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

SMALL BUSINESS LOANS FOR MEDICAL PRACTICE
We are passionate about creating opportunities for small businesses like yours because we
believe small businesses are the lifeblood of the community.
24 HOUR FUNDING
REVENUE BASED FINANCING
UNSECURED LOANS UP TO $500,000
MATCH WITH THE BEST OFFER ACROSS 25 LENDERS
UPGRADE TECHNOLOGY
EXPAND YOUR BUSINESS
Senior Care and Assisted Living Resources
Learn how to finance your business, improve your costs, or grow your business.


7 Strategies to Grow Your Assisted Living Business

7 Steps To Enhance Operations For Your Senior Living Facility
FAQ
What credit score do you need for Assisted Living Facilities?
As a part of our minimum requirements, it is advised to have a FICO score of 500.
How can I use the funds?
We usually provide loans to help senior care businesses buy equipment or finance other business activities such as payroll or rent.
Are there any minimum requirements for Senior Care Financing Solutions?
Yes, below are the minimum eligibility requirements:
- Revenue: $10,000/month in business deposits
- Time In Business: 6 Months
- Documents: 3 - Months of Business Bank Statements
- Minimum FICO Score: 500
How long does the application process take?
The entire application process for senior care business financing takes a few minutes. You can use your device to complete the online application at your convenience. The online application can be found here.
What kind of documentation do I need to provide to get a senior care business loan?
We try to keep the paperwork at a minimum for senior care and assisted living financing! You need to fill in our secure and quick online application and provide 3 months of business statements as an attachment to the online application.
If my application is approved for assisted living financing, how and when do I get paid?
From application to funding you can receive the cash you need in as little as two days and receive your equipment financing in as little as three days.
How Can I apply for Assisted Living financing?
Step 1: Apply
Complete our online application or contact a loan advisor through (866) 639 0404.
Step 2: Qualify
Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.
Step 3: Get Funded
Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.
Is it hard to get business loans for senior care companies?
Getting a loan is fast and straightforward with Select Funding. We do not look at your profits but make the financing decision based on your revenue. We require a few documents and a minimal FICO score.
How much income do you need to get business loans for assisted living facilities?
You will need a minimum revenue of $10,000/month in business deposits