General Terms
Size:	$1-$15 million per property and up to $50 million per portfolio
Advance Rate:	Up to 90% of M.A.I. appraised value
Collateral:	First mortgage on property; recourse to provider
Term:	1 to 3 years
Loan Fee:	2%
Interest:	Prime based rate
Amortization:	Negotiable

 

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. Speed and Responsiveness: Heller is dedicated to serving the client. We have 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. High Leverage: Heller will loan up to 100% of purchase price in certain circumstances (depending on property value and borrower strength). Structured term loans almost always provide the highest leverage available in the market.

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