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Grow your assisted living, skilled nursing and senior housing services with a top 5 SBA lender.

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.

Why Byline Bank?

Our lending specialists understand the assisted living industry. We know how to structure a loan that meets your needs.

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  • Amount: Up to $5 million
  • Financing Percentages: Up to 90% financing for acquisitions and up to 100% financing for expansions
  • Term: Up to 25 years if 51%+ is real estate debt (can include business)
  • Down Payment: As little as $0 (expansion/rent replacement)
  • Prepayment Penalty: None
  • Footprint: Nationwide
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  • New construction or renovation
  • Business Acquisition
  • Franchise Acquisition
  • Real Estate Acquisition
  • First-time Ownership
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  • Faster approvals thanks to Byline’s SBA Preferred Lender status
  • Longer amortization
  • Lower loan payments
  • No future balloon payment
  • Closing costs can be included

Recent Deal Announcements

Assisted Living Facility

Brooksville, FL

SBA 7(a) Loan

Business Acquisition

Assisted Living Facility

Frisco, TX

SBA 7(a) Loan

Business Acquisition

Assisted Living Facility

Citrus Springs, FL

SBA 7(a) Loan

Business Acquisition

Assisted Living Facility

Syracuse, UT

SBA 7(a) Loan

Business Acquisition

Contact our assisted living financing
specialists to get started.


Keith Nigbur

(801) 891-2696Vice PresidentBusiness Development Officer