V-Cap is proud to announce its new High Impact Loan Program to support community-based healthcare providers to continue advancing high-performing health care for vulnerable populations.
Through this loan program, V-Cap is able to offer a limited pool of reduced interest rate loans to organizations that provide a range of services to low-income and underserved populations. This initiative will provide flexible financing to support healthcare providers moving critical projects forward during a period of greater uncertainty.
V-Cap loans under this program are available to diverse provider types, including community health centers, mental health and substance abuse treatment providers, providers of aging services and long-term care, as well as specialty services for medically complex populations. Loans can support capital needs in the range of $500,000 to $4 million, including:
- Facility acquisition, construction, renovation or expansion
- Medical and office equipment purchases
- Hardware, software, installation and technical assistance costs associated with health information technology systems
- Working capital for expenses associated with new or expanded services
All loans must meet V-Cap’s credit and mission standards. If your organization is potentially interested in a loan under this program, please contact Montsine Nshom, Co-Director of Community Healthcare Investments, at firstname.lastname@example.org.
Vital Healthcare Capital (V-Cap) is a financial partner for healthcare providers that are building better care for the most vulnerable communities, and better jobs for the frontline healthcare workforce.