Financing A New Healthcare Facility
Financing A New Healthcare Facility – Our experienced team will lead you through your financing options as you plan for your new healthcare facility.
FINANCING A NEW HEALTHCARE FACILITY
Our experienced team will lead you through your financing options as you plan for your new healthcare facility. Financing through MDN Development is simple and straightforward.
COVERS 100% OF DEVELOPMENTAL COST, INCLUDING FURNITURE, FIXTURES, EQUIPMENT
INTEREST RATE COMPARABLE TO BONDS WITH SIMILAR CREDIT RATING
NO MONEY SPENT UNTIL HOSPITAL CREDIT IS APPROVED
LEASE PAYMENTS DO NOT START UNTIL BUILDING IS COMPLETE
LEASE FULLY AMORTIZED OVER 20-30 YEAR TERM
END OF LEASE HOSPITAL CAN PURCHASE ASSET FOR $1
NO UPFRONT COSTS
EXPLORING THE SOLUTION OF A SALE-LEASEBACK
Our financing team can also help hospitals that may be in a cash or earnings bind because of the COVID-19 pandemic, which has forced many to postpone expansions and to furlough employees. For hospitals in that situation, we will work with leading institutional investors to help raise funds that provide security and flexibility, regardless of what the future holds. In short, the program involves acquiring existing assets and leasing them back to the hospital using a finance lease and a term of 20-30 years. There is no out-of-pocket cost to the hospital, and at lease end, hospital can purchase asset for $1.