Senior Care Lending Solutions

FNB Small Business Finance is a premier SBA lender for the senior care industry. We provide long-term financing solutions that offer greater flexibility and growth opportunities for those in the senior care sector. We offer quarterly variable, 3-year fixed, or 5-year fixed rates on all loan options – you choose the solution that best meets your needs. As an experienced small business lender, our goal is to be a strategic partner in your mission of providing the best possible care for seniors and their families.

Financing Options For:

  • Adult Day Care
  • In-home Health Care (skilled and unskilled)
  • In-home Respite/Hospice Care
  • Memory Care
  • Funeral Homes and Crematoriums

Solutions

  • Up to 100% financing for partner buyout and purchase of owner-occupied commercial real estate
  • Up to 95% financing for 100% practice acquisition
    • Minimum 5% cash equity from the buyer, required by the SBA
    • Maximum 5% seller note equity, note must be on full standby for the life of the SBA loan to qualify per SBA rules
  • Up to 90% financing for a start-up
  • Practice expansion – new location, larger building, or addition to current facility
  • Ground-up construction and property improvements

Benefits

  • Lower down payments
  • Longer repayment terms – 10 to 25 years
  • Helps you build and maintain cash flow
  • One loan for many of your business needs
  • Flexible rate structures to help manage rate volatility
    • Quarterly variable, 3- or 5-year fixed rates
      • You choose your rate structure

Ready to talk about financing? We recommend you reach out to your nearest FNB Small Business Finance Business Development Officer, who will schedule an initial call with you.

Pre-Application Checklist:

There are a few things that are helpful to prepare for an initial call:

  • Estimated project costs
  • Three years of tax returns, interim financial statements on existing business(es) including Income Statement, Balance Sheet, Debt Schedule
  • Three years of personal tax returns – all owners 20%+
  • Personal Financial Statement – all owners 20%+

Financing
Options For:


  • Adult Day Care
  • In Home Health Care (skilled and unskilled)
  • In Home Respite/Hospice Care
  • Memory Care
  • Funeral Homes & Crematoriums
  • Home Instead Senior Care

    See How We’ve Helped Other Businesses
    Home Instead Senior Care - North Carolina

    “The Home Instead location in Wilmington, North Carolina was of particular interest to Amir and Tammy Ghouddoussi, who were looking to purchase the business from a previous owner. They sought the help of Charles Evans, one of our experienced Business Development Officers, and a business plan was put in place to acquire the franchise."

    Learn More