Funded Ahead of Schedule
Expansion of Healthcare
This healthcare group is one of the premier hospital systems in the country. With numerous awards under its belt, this line of medical facilities is industry-recognized as one of the elite. From coast-to-coast, these hospitals service thousands of patients and employ nearly 50-thousand employees. In addition, they strive to take a “local approach” where possible. This company is one of the largest for-profit operators of hospitals in several states and has been named as one of the fastest growing hospital systems in the country. With a unique physician-founded and driven health system, there are doctors and clinicians leading the organization at every level. Many of the facilities have received “five-star” achievements. (Five-star ratings are awarded to hospitals with better than expected outcomes.)
When we first started working with this company, they were in a big predicament. Their incumbent lessor had just let them down big time. They needed funding on five-million dollars in five business days. That’s not an easy task for any lender. But, we were able to get them funded quickly and save them from losing critical time as they continue to serve communities across the country.
One of the health system's relationship vendors had dropped the ball on funding, and with a hard deadline of five business days, we literally worked around-the-clock to provide funding within their timeframe.