chicago, illinois (PRWEB) April 13, 2012
Clopton Capital has recently contracted with a life insurance fund that is actively lending on their well capitalized balance sheet. Clopton has assisted many borrowers with various different scenarios in the health care financing sector. Now that Clopton Capital has a Life insurance fund they can push non-recourse with rates as low as 4%, they are sure to make any borrowers dreams come true. A lot of ALF investors/developers are looking to memory care and getting licensed to provide this service. This will help the ALF increase cash flow and have a stronger DSCR. Matt Reed recently helped a borrower refinance after he was approved for an additional 25 memory care beds. Matt was able to lower his rate by 200 basis points and also give him the working capital he needed for the memory care conversion.
If you are looking to develop a new facility, Clopton Capital would be more than happy to help out. Their new life company has a program that is 70% LTC based off the stabilized appraisal value with a construction term that is 18-24 months I/O with rates between 4-7%. This also has a roll to permanent that is NON-RECOURSE. This is perfect for any borrowers that want to get the construction loan and then not worry about it on the permanent side for 25-30 years. There is no other lending program out there like this right now so take advantage today and let Matt Reed at Clopton Capital help you out by calling him directly at 224-523-7831 or emailing at mreed(at)cloptoncapital(dot)com