Financial Management
Financial Management: Taxable Financing Program
This program provides low-cost, flexible funding of projects that do not qualify for tax-exempt financing. Most of the same features as the Healthcare Loan Program (HeLP) apply to this program and include:
- Shared issuance and administrative fees with standardized loan documents
- No loan prepayment penalty
- Amortization up to 20 years
- Individual credit approval and loan responsibility
- Loans ranging from $1 million to $20 million
Projects and acquisitions that you may choose to finance include medical office buildings, joint ventures with physicians or for-profit organizations, senior housing projects, for-profit parent and subsidiary financing, refinancing of existing higher-cost indebtedness and any other capital needs of the organizations.