Build, acquire or grow your senior housing community with flexible, long-term financing.
Whether you’re expanding facilities, building new residences or refinancing a property, we can help.
Byline Bank’s small business lenders specialize in U.S. Small Business Administration (SBA) loans, which offer longer terms and more flexible requirements than a conventional loan.
Our lenders are experienced in helping assisted living businesses secure the financing they need. And, as an SBA Preferred Lender, Byline can make credit decisions in-house, resulting in expedited approvals.
Our lending specialists understand the assisted living industry. We know how to structure a loan that meets your needs.
Case Study
Challenge
When the owners of a BeeHive Homes franchise in Utah decided to sell, they knew the best option for the business’ future was one of their own employees. She knew the operations, financials and residents better than anyone. However, the purchase price was out of reach.
Solution
As an experienced SBA lender to the assisted living industry, Byline Bank worked with buyer and seller to reach the 10% equity needed for an SBA 7(a) loan. Find out how our creative solution made first-time business ownership possible for the buyer.
Brooksville, FL
Business Acquisition
Frisco, TX
Business Acquisition
Citrus Springs, FL
Business Acquisition
Syracuse, UT
Business Acquisition
