Marathon Capital Strategies, LLC (Marathon Capital) is an independent advisory firm providing capital markets, financing, derivative, and strategic advisory services to nonprofit healthcare, senior living, and other tax-exempt organizations nationwide.

Since its founding in 2018, Marathon has advised on more than 150 financing and swap transactions totaling over $7 billion in aggregate value, including public bond financings, bank and private placements, interest rate swaps, capital planning initiatives, restructurings, strategic advisory assignments, and acquisition and affiliation-related engagements.

Marathon advises borrowers, management teams, and boards on complex financing, capital structure, and strategic matters involving both performing and stressed credit situations.


Capital Markets & Financings

Public bond financings, bank placements, refinancing initiatives, and complex capital structuring assignments.


Swaps & Hedging Advisory

Interest rate hedging strategy, swap execution, ISDA negotiation, risk management, and ongoing derivative advisory.


Credit & Rating Strategy

Credit positioning, liquidity planning, lender negotiations, rating agency support, and capital structure evaluation.


Strategic Advisory

Capital planning, acquisitions and affiliations, restructurings, stakeholder engagement, and enterprise-level financial strategy.


Analytics & Market Intelligence

Financial modeling, pricing analytics, debt capacity analysis, market monitoring, and ongoing sector commentary.