V-Cap Partners with Self-Help to Power Investments in Health

V-Cap is excited to announce a new operating partnership with Self-Help, a national community development financial institution (CDFI) headquartered in Durham, NC.

Through this new partnership, Self-Help is providing credit services that allow V-Cap to expand its offerings and more efficiently finance community healthcare borrowers.

Self-Help has been a leader in community development finance since 1980, with a history of creative and visionary work bringing financial resources to under-served communities. The Self-Help organization includes two credit unions, a loan fund, and a policy advocacy group. Together, they reflect a premier financial services infrastructure that is national in reach and consistently impactful in mission.

Through this new partnership, Self-Help will:

  • Act as credit agent for underwriting, closing and servicing loans on V-Cap’s behalf.
  • Selectively co-lend with V-Cap to expand the offerings V-Cap can provide to healthcare borrowers.
  • Partner with V-Cap to tailor offerings that best effectuate V-Cap’s mission to develop quality care and good healthcare jobs in low-income communities.

Self-Help is a long-time V-Cap partner.  Self-Help CEO Martin Eakes is a V-Cap Board member, and Self-Help Executive VP Al Bass has served on V-Cap’s Loan Committee.

“This partnership with Self-Help provides exciting opportunities for V-Cap to increase our support for community based providers amid ongoing change in healthcare.”

– Steve Weingarten, V-Cap CEO

MORE COMING SOON ON V-CAP, OUR INVESTMENTS IN COMMUNITY HEALTHCARE, OUR PARTNERSHIP WITH SELF-HELP, AND OUR OFFERINGS FOR HEALTHCARE BORROWERS

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