Surgical Funds Launches Medical Real Estate Financing Service in Partnership with BMC Capital

12-Apr-2016

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 funding."

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."