Healthcare
What we do:
Our team has decades of experience supporting healthcare companies large and small. We provide custom solutions to our clients across the nation in a timely and creative manner.
Who we serve:
- Skilled Nursing / Post-Acute Facilities
- Assisted Living / Memory Care / Independent Living Facilities
- Behavioral Health Facilities
- Other Healthcare Facilities and Service Providers
What we offer:
- Real Estate Term Loans for Acquisitions
- Recapitalization/Refinance
- Cash Flow Loans
- Accounts Receivable/Working Capital Loans
- HUD Section 232 Insured Loans. Learn more
Get in Touch:
Amy Heller
President of Healthcare Lending Division
301-641-3633
GENERAL REVOLVING LOAN CHARACTERISTICS*
- Business Types
-
Companies in all segments of the healthcare industry
- Eligible Borrowers
-
For profit and not-for-profit entities
- Loan Amount
-
Up to $75 million and more if syndicated
- Location
-
Nationwide
- Term
-
Up to 5 years
- General Loan Terms
-
Up to 85% advance rate on eligible receivables and up to 50% on eligible inventory
Eligible receivables include Medicare, Medicaid, commercial insurance, and institutional accounts receivable
Advances on receivables aged up to 150 days
- Interest Rate
-
Floating over SOFR (Secured Overnight Financing Rate)
- Typical Recourse
-
Limited
- Other
-
Ability to borrow from and repay the balance repeatedly over the term of the loan
Flexible terms available
GENERAL BRIDGE LOAN CHARACTERISTICS*
- Property Types
-
Nursing (Skilled and Intermediate Care), Assisted Living, Board & Care Facilities
- Eligible Borrowers
-
For profit and not-for-profit entities
- Loan Amount
-
Up to $75 million and more if syndicated
- Location
-
Nationwide
- Term & Amortization
-
Up to 5 years; Interest only and amortizing loans available
- General Loan Terms
-
Underwritten to HUD’s specifications and take out requirements
- Interest Rate
-
Floating over SOFR (Secured Overnight Financing Rate)
- Typical Recourse
-
Limited
- Other
-
Flexible terms available
* Lending decisions are subject to credit approval. Terms and conditions apply.