SNB provides financing solutions, including USDA guaranteed loans, to municipalities, counties, special-purpose districts, and non-profit corporations for constructing, enlarging, or improving community facilities for healthcare. Financing can include costs to acquire land, pay necessary professional fees and purchase equipment required for operation.
I'm interested in financing a rural healthcare project. Have a representative Contact Me
Types of Facilities financed:
Critical Access Hospitals
Medical Clinics or Practices
General & Surgical Hospitals
Medical Rehabilitation Center
Outpatient Clinics
Dental Clinics
Nursing Homes
Assisted Living Centers
Boarding Homes for the Elderly
Psychiatric Hospitals
Terms: Fixed or variable interest rate, terms are for the estimated useful life of the facility up to 40 years.
Favorable Loan to Value and Debt Coverage Ratios are available for the project. A Feasibility Study should be prepared by an independent consultant with recognized expertise in the type of facility being financed.
Find out how we can help you
Call 1.888.762.4762 to speak with a rural healthcare development officer.
Have a rural healthcare development officer Contact Me.
Press Release
SNB to help finance $2.4 million expansion of Holiday Hill with USDA Loan Guarantee.