New service line focuses on securing loans for healthcare professionals
to fund real estate, equipment and furnishings purchases
DALLAS – Surgical Funds (www.surgicalfunds.com), a firm that provides creative
financing solutions for the healthcare industry, has announced a partnership
with BMC Capital (www.bmccapital.com), a Dallas-based leader in commercial
real estate financing.
Surgical Funds facilitates high-quality medical financing alternatives
for healthcare business owners and professionals, including group practices,
ambulatory surgery centers (ASCs), clinical labs, pharmacies, and individual
physicians. In partnership with BMC, Surgical Funds has launched a new
service line for medical professionals seeking financing for projects
involving healthcare mortgage loans, including de novo development, expansion,
and remodeling, as well as equipment purchases.
BMC is a direct lender and capital markets intermediary with extensive
capital markets expertise and local real estate knowledge. A majority
of its transactions range from $1 million to $15 million, although it
has the capability to do smaller and much larger loans. BMC, which services
clients through a network of nationwide offices, has financed billions
of dollars of transactions for thousands of customers.
"Surgical Funds was launched to change the way healthcare organizations
and professionals access cost-effective capital," said Randy Bishop,
Surgical Funds co-founder. "This new exclusive healthcare financing
program expands our ability to deliver on this promise and continue to
be a resource and the go-to firm for professionals seeking alternative
Jeff Blankinship, Surgical Funds co-founder, said, "We have heard
multiple stories about physicians struggling to obtain fair funding for
real estate financing. Through our partnership with BMC, physicians now
have an avenue to obtain financing quickly and easily, with the added
benefit of choosing from multiple options of lenders offering fair, and
often favorable terms in a fraction of the time."
BMC President and CEO Keith Van Arsdale says the new Surgical Funds service
line will help fill a growing gap in the healthcare financing marketplace.
"Many lenders are increasingly focusing on financing larger projects
for larger institutions, which has created a very fragmented market that
can make it difficult for a smaller group of physicians and investors
to obtain a loan," he says. "This service line caters specifically
to those healthcare professionals. There are lenders still eager to loan
to these individuals. By working with Surgical Funds and BMC, healthcare
professionals gain access to these lenders and can receive financing they
would likely not be able obtain on their own."