Who is eligible for financing from Heller Healthcare?
As our product descriptions show, there are a vast array of financing solutions available for healthcare providers from Heller Healthcare Finance. Therefore, virtually every healthcare provider will be eligible for some type of financing.
How do I apply for a loan?
By filling out a loan application on this web site or by contacting one of healthcare financing experts by email at dhendrixson@hellerfinancial.com or by phone at 800.598.6201.
How do I find out which products are best for my business?
Our product descriptions provide a good basis for assessing which products fit your situation. One of our healthcare financing experts can then provide you with a quick analysis regarding which products may best fit your needs.
Why should I borrow from Heller as opposed to other lenders?
Heller Healthcare Finance is the largest provider of capital to small and middle market healthcare businesses in the United States. Heller’s team of over 100 healthcare financing specialists is unparalleled in the market. This team enables Heller to understand your business better and respond more quickly than any other lender. These traits are invaluable in today’s tumultuous and constantly changing market.
What interest rate will I pay?
The interest rate will depend on the type of financing as well as the credit of your entity. One of our financing experts will send you a term sheet with pricing and other terms immediately after an initial consultation.
What is the process after receiving a term sheet?
Once you execute a term sheet (describing the basic terms of a loan if such a loan is ultimately approved), an investment officer will begin working with you. That investment officer will immediately schedule one of our healthcare accountants to perform a field audit at your main office and will work with you to meet your timing and funding needs. After receiving the field audit, the investment officer will share the results with you and present the transaction for credit committee approval. If approval is received, the transaction will immediately be assigned to an in-house attorney to close the transaction.
Will I be able to be approved for a loan if my books and records are not audited or my systems are in flux?
Absolutely. Our investment officers and auditors have decades of healthcare training and are experienced at retrieving needed information no matter the level of review of your books or the status of your systems.
How long will the process take?
The length of the process will depend on your needs. Many transactions close within three weeks of initial contact.
Is there any financing need for which I should not contact Heller Healthcare Finance?
No. We have a product for virtually all debt capital needs. In situations where we cannot meet your financing needs, our healthcare financing experts can provide you with valuable advice regarding other capital options.
