Loan defaults and financial distress among long term care (LTC) facilities, such as skilled nursing facilities (SNFs), assisted living facilities (ALFs) and memory care facilities, are on the rise. The COVID-19 pandemic has...more
2/3/2023
/ Assisted Living Facilities (ALFs) ,
Coronavirus/COVID-19 ,
Creditors ,
Default ,
Financial Distress ,
Financial Services Industry ,
Healthcare ,
Loans ,
Long Term Care Facilities ,
Long-Term Care ,
Nursing Homes ,
Skilled Nursing Facility
The coronavirus pandemic is affecting businesses large and small. Now is the time for lenders to prepare for its effect on business borrowers.
...more