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Great Rock Capital Closes $10 Million Credit Facility, Marking First Underwriting in the Healthcare Industry

WESTPORT, CT–Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $10 million credit facility to a leading skilled nursing and assisted living provider that operates 64 facilities in the Southwest. Great Rock Capital’s investment–$10 million of a $20 million credit facility–marks the firm’s first underwriting in the healthcare industry.

“We are pleased to partner with an experienced healthcare lender on this transaction,” said Stuart Armstrong, CEO of Great Rock Capital. “This investment is Great Rock Capital’s first opportunity to provide growth capital to a customer in the healthcare industry, an industry we are targeting to help fuel our future growth.”