Loan Programs
| Public Sales: Generally loans greater than $10 million | |
| Public sales include credit enhanced fixed interest rate serial and term bonds, and variable interest rate bonds (daily, weekly, monthly). | |
| Private Placements: Generally loans less than $10 million | |
| Quick Loan Program: This program is a partnership between local
banks, health care providers and the Authority to provide a quick,
cost effective loan program for smaller dollar size loans. The
program utilizes the bank's normal loan documents. The bank
determines the loan terms, security and interest rate. Loans are
generally completed within 60 days, many are completed within 35
days.
Call or e-mail for a brochure of this exciting program. | |
| Equipment lease/purchase loan programs | |
| EZ Quip Pogram: This loan/purchase program is a unique
offering for health care providers to obtain low cost, tax-exempt
interest rates for capital equipment. The health care provider
provides a list and estimated cost of equipment to be acquired. The
Authority then “bids” out the equipment loan/purchase to a
number of tax-exempt vendors. The health care provider
selects the winning bid (usually the bid with the lowest interest
rate). Loan documents are standardized making for a quick
and inexpensive loan program. Most EZ Quip loans are completed within 40 days. Call or e-mail for a brochure of this unique financing program. | |
| ASAP/GE and LEASAP/GE – ASAP/GE is an equipment loan program with General Electric as the vendor. LEASAP/GE is an off balance sheet equipment loan program with GE as the vendor. Call or e-mail for a brochure of these programs. | |
Loan Programs
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