The Great Recession was a tough time for owners of assisted living facilities. People who once viewed assisted living facilities as a lifestyle choice now turned to them as a last resort based on necessity. The average age for new residents steadily increased as concerns over personal finances grew. At the same time, lenders tightened their belts, leaving many assisted living facility owners without the resources needed to keep their operations running smoothly.

Now that the Great Recession is over, the assisted living industry continues to rebound and banks are vigorously competing for their business. Owners of assisted living facilities now have access to financing they may not have been able to get just a few years ago.

Celtic Bank offers a range of financing options for owners of assisted living facilities. To learn more about your financing options, download our white paper "Financing Options: Assisted Living Facilities".


We are experts at helping owners of Assisted Living Facilities get the financing they need.

Contact Me Today!

Jim Harris
SVP - SBA Lending
(877) 329-6343
This email address is being protected from spambots. You need JavaScript enabled to view it.