SFS has expanded its capabilities as a direct response to tightened credit and bond markets that have affected healthcare providers’ access to capital in previous years, said Ted Drake, senior vice president and general manager of healthcare finance. In addition to equipment financing, SFS now offers project, construction and permanent real estate financing as well as asset-based and cash flow-based term loans.
“Expanding our healthcare finance platform creates a new and much-needed source of capital for healthcare providers,” said Kirk Edelman, president and CEO of SFS. “With these additional offerings, they can have more options to pursue their strategic initiatives, and continue providing and improving the quality of healthcare in their communities.”
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