Healthcare

Empowering providers to serve patients and community

The healthcare industry is a vital and rapidly evolving sector, shaped by advances in medical technology, shifting patient expectations, and an aging population. The demand for healthcare services is growing, particularly in rural and underserved areas where access to facilities and professionals can be limited.

USDA loan guarantees reduce financial risk for lenders, enabling healthcare providers to access affordable financing for building new facilities, expanding existing ones, and upgrading medical equipment. Additionally, USDA B&I loans can fund telemedicine initiatives, helping to bridge the gap in access to specialized care for rural populations. By providing much-needed financial resources, these guarantees not only strengthen individual healthcare providers but also contribute to the broader goal of equitable, high-quality healthcare for all.

Highlights

  • 100% of new project costs, including land, hand & soft costs, and working capital are eligible for USDA loan guarantees

  • One loan to cover construction through to permanent financing, with up to 24 month interest only

  • No restrictive covenants, no call provisions, no balloon payments, long-term amortizations

  • Acquisitions of existing facilities are eligible

  • Eligible for B&I ($25M per applicant)

USDA Loan Guarantee applications for the healthcare industry

Facility Construction and Modernization

  • New Healthcare Facilities: Funding for the construction of hospitals, clinics, urgent care centers, and specialty medical offices in rural areas.

  • Renovation and Expansion: Upgrading or expanding existing facilities to accommodate new technologies, services, or increased patient capacity.

  • Long-Term Care Centers: Financing for nursing homes, rehabilitation centers, and assisted living facilities.

Equipment Acquisition

  • Medical Equipment: Purchasing advanced diagnostic and treatment equipment, such as imaging systems, surgical tools, and laboratory instruments.

  • Telemedicine Infrastructure: Funding for telehealth systems to connect rural patients with specialists and advanced care providers.

  • Support Systems: Acquisition of IT systems, electronic health records (EHR), and other administrative tools to enhance operational efficiency.

Debt Refinancing and Working Capital

  • Debt Consolidation: Refinancing high-interest debt to improve financial stability and free up resources for patient care.

  • Operational Capital: Supporting day-to-day operational costs, including staff salaries, utilities, and medical supplies.

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