Securing Funding - Full Service

Interview Process with Banks and Funding Sources and working with Lenders and Clients to Negotiate the most favorable MRI Project Loan, Funding terms and agreement. - Module #9

Our consulting group principal, has over time, developed MRI Imaging Center Project loan relationships with top tier Banks and Lending Institutions and when appropriate, we are able to leverage those relationships for the financial and professional benefit of our clients.

These lenders have been responsible for the development of some of the most competitive rates and terms possible for our client MRI Imaging Center projects.

We will also work closely with any lenders of your choice and strive to arrive at the best possible funding agreement and terms.

Assistance can be provided in obtaining multiple different lender financing options for client review, create project summary and descriptions of lender proposals as needed, and provide feedback and assistance to project client partners in determining the best options.

Terms, rates and requirements for each lender can vary a great deal and all of this needs to be compared and weighed by the client.

Each lender will require varying amounts and types of information from a potential lending client, and will provide a framework for the needed project collateral status.

We can assist the client in understanding the requirements from lenders, and can shape and summarize each lender’s requirements, terms and conditions, for review by our clients.

We also educate the lender and discuss the many positive aspects of the client MRI project and can advise of the probable success of the project, based on our experience and industry knowledge.

Recently, we  completed our largest funding and build-out project work to date on behalf of an Orthopedic and Spine Group.

The project included the complete gut and retrofit a 27,000+ square foot retail building, in the middle of the pandemic.

Nevertheless, we were able to achieve the build out of a gorgeous state of the art MRI Imaging Center, including a two suite ambulatory surgery center and a full Orthopedic and Spine center of excellence.

To facilitate the project, we negotiated a build out and startup loan of over $9,000,000 with highly competitive  terms and rates including a long period of interest-only loan payments, and without the onerous personal client liabilities that an SBA loan would have required.

When working with lenders in the sometimes challenging efforts necessary to secure MRI Imaging Center Project funding, we help to consolidate Lender and Borrower information, expedite efforts and streamline the process where possible, make lender issues and terms clear to our clients, and when requested, provide experienced professional negotiations on your behalf with lenders.

We understand the business of medicine, and have been able to translate this into excellent lender outcomes for our clients.

Another valuable service we provide during construction is to manage the monthly builder construction draw request and payment application.

Only once we review each construction draw request, as well as verify that the specific construction work has been completed, can the builder application be submitted for payment by the client and lending institution. This takes our client out of the middle of a time consuming and frustrating process, and has a proven track record of both saving client monies, and keeping the builder focused on accountability and delivering actual results.

In this Consultation and Assistance Module we address:

• The Process and role of interface between the client and the consultant in this Project Area.
• Project lending needs for your project.
• Project lending for long term purchase and or, shorter term lease agreements. Both for equipment like MRI Magnets, or Start up and Operational Costs, or even conventional twenty year project building loan, design and build agreements.
• Shopping your loan with high quality, competitive lenders, negotiation of best terms and rates with each, and providing a review and guidance for our clients.
• Questions you may have relative to possible lender terms, limitations, and review of special lending needs, or client concerns that relate to any special lending needs they may have.
• How we can assist with the review of construction pay applications, throughout the length of the project, verify work done satisfactory or if not, work to be completed before pay application is approved and paid.
• Creation of a possible project Financial and Business Viability Analysis to facilitate the loan application and approval if needed.
• Any request to utilize Lenders requested or recommended by the client group.
• Understanding the possible lender requests of the clients to underwrite the project loan.
• Bundling and presentation of all client medical business loans for underwriting and loan consolidation.