Health Care Lending
Amalgamated Bank's leadership in this field dates back to 1977, when Amalgamated became the first bank to develop an accurate method of managing the accounts of residents in skilled care nursing homes.
Today this group lends to skilled care nursing homes, assisted living facilities and continuing care retirement communities (CCRC). Financing is available for:
- Revolving Credit Agreements
- Term Loans
- Mortgages
- Standby Letters of Credit
A brief list of the tools and services that are available for clients:
- AB FASTTM Web Resident Banking
- Cash Management Services
- Payroll debit Card Program
- Resident Direct Deposit Program
- Patient Fund and Burial Programs
- Resident/Tenant Rent Security Program
For more information on our programs to serve the Health Care sector, please contact Dan Greene, EVP and Director of Commercial Banking at 212-895-4421 or DanielGreene@amalgamatedbank.com
