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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")
Floating Rate Debt Program for Nursing Facilities

An interim financing product ideally suited for the acquisition of turn-around opportunities, construction loan take-outs and higher leverage loans.

Overview:
Target Opportunities:	Acquisition or re-financing of existing facilities
Property Types:	Nursing Facilities
Required Experience:	Proven track record that supports the proposed business plan

General Terms:

Size: $4 - $10 million per facility

Advance Rate: 75%-90% of acquisition price

Collateral: First priority lien on the real estate

Term: 2-5 years

Loan Fee: Varies, depending on leverage

Interest: Prime or LIBOR based rate

Amortization: Interest only or 20-25 years

Exit Fees/Participation: Exit Fees or a Participation may be required depending upon leverage and various risk factors

Advantages:

Industry Expertise: Heller has health care industry experience in the reimbursement and clinical operations of nursing facilities. This enables Heller to effectively underwrite financing opportunities.
Speed: Heller typically completes a transaction within 30 to 45 days from signing a term sheet.

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