CIT arranges revolving credit facility for Ernest Health

Share this article:
CIT Healthcare has arranged a $20 million senior secured asset-based revolving credit facility for Ernest Health, Inc., one of the nation's leading operators of inpatient rehabilitation and long-term acute care hospitals. “We are pleased that we were able to assist the management of Ernest and Medical Properties Trust by providing a creative financing solution,” said Steve Warden, president of CIT Healthcare.  
Share this article:

More in Products

Bertlesmann buys Relias Learning

Bertelsmann, a media company based in Germany, said last week it is buying Relias Learning from its current owners, Vista Equity Partners and LLR Partners.

Acuity Brands introduces LED collection

Acuity Brands introduces LED collection

Acuity Brands says its new CanoeTM LED Pendant and Sconce Collection from Winona Lighting® can meet the needs of designers in unique spaces.

SwimEx debuts Triton Pool

SwimEx debuts Triton Pool

SwimEx Inc. has announced the Triton, the newest member of its line of fitness and therapy pools. It is available for the commercial and residential markets.