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Cash Flow Lending Program | Revolving Line of Credit Program | Fixed Rate Debt Program
Floating Rate Debt Program | Short Term Structured Loans
Floating Rate Debt Program (Nursing) | Bond Enhancement/Letter of Credit Program

Heller Healthcare Finance ("HHF")
Revolving Line of Credit Program

Overview:
Target Opportunities: Businesses with working capital needs; Newly acquired facilities/operations
Business Types: Senior Nursing Facilities, Physician Practices, Hospitals, Home Health Care, Durable Medical Equipment
Targeted Managers: Experienced managers/administrators

 
General Terms:
Size: $500,000 - $30 million
Advance Rate: 80% of NET Collectible Value
Borrower: Individuals; Corporations; Partnerships
Collateral: First priority lien on ALL Accounts Receivable
Term: 2 - 3 years
Interest: Competitive market spreads over PRIME
Prepayment: Sliding Scale

 
Advantages:

Industry Expertise: Heller's experienced professionals know the health care market place and understand the special underwriting requirements required in the industry. Heller uses its own auditing subsidiary to accurately size and price the loans so we can provide the borrower with real numbers, not estimates.

Responsiveness: Heller is dedicated to serving the client. We have an extensive infrastructure in place to process loans and meet the shortest of closing deadlines. Heller closes a typical transaction within 30 to 45 days from signing a term sheet.

Track Record: Heller originated and closed over $200,000,000 in revolving lines of credit loans in 1999. Heller solidified their commitment to the health care market place with their purchase of HealthCare Financial Partners in July of 1999.



For more information about Heller Financial, visit Heller Financial's website at http://www.hellerfinancial.com/



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