Health Care Financing, Senior Care Financing, Nursing Home Financing

We have a specialized approach to funding these facilities that offers unique advantages. Avoid conventional lenders who want to cut the loan to value ratios and re-set the interest rates all too often.

If you want to acquire facilities, we can arrange financing for up to 100% of the appraised value plus fees, etc. Also, we provide competitive fixed rates for up to 30 years. If you are building a new facility, you can avoid the cost of a construction loan by using our method.

One common mistake that many owners make is to finance short to intermediate term assets with long-term money. For example, they may pay for new furniture with proceeds derived from the mortgage. In doing so, they will be paying for this equipment long after it is worn out and replaced. It is usually advisable to finance equipment that is not a permanent fixture of the building, such as furniture, seating, etc. with intermediate financing such as an equipment lease or loan. At Providence, we offer specialized leasing services tailored to your unique needs so we can help you with your intermediate financing as well as your long term financing needs.

If you own these types of facilities, you can divest yourself of them, reduce your risk, and still maintain control of them. Yes, you can still enjoy the profits from them also. Give us a call and we will explain.