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A full-service financial advisory firm and HUD licensed
FHA mortgage lender, InnoVative Capital incorporates its
nationally-recognized CFO
HELPER® consulting practice
to customize financing solutions and deliver capital funding
to healthcare providers of all sizes, throughout the United
States, with a nationally recognized emphasis on rural,
community and critical access hospitals.
For hospitals seeking to finance large capital improvement
projects, InnoVative Capital offers a turnkey financing
system. The InnoVative
Capital Funding Delivery System®
develops hybrid financing structures to enhance a hospital’s
creditworthiness and expedite the financing process by
directing our debt-related financial advisory services
and mortgage banking operations. As a financial advisor
for rated and non-rated tax-exempt bond issues, commercial
loans, and equity transactions, as well as an FHA mortgage
lender and with USDA guarantees, InnoVative Capital provides
a diversified lending platform. This offers our clients
broad access to the capital markets, lowers borrowing
rates, improves financing terms, maximizes loan amounts
and eliminates unnecessary expenditures.
When a hospital requires mergers and acquisitions assistance,
InnoVative Capital's merchant banking arm can provide
bridge lending and equity participation. Our comprehensive
healthcare lending practice extends to senior living facilities.
Since 2001, InnoVative Capital has served as FHA mortgage banker, financial advisor and consultant for healthcare clients whose FHA, USDA, and rated/non-rated tax-exempt bond financings totaled in excess of $600 million (as of 02.01.08).
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“We
faced major obstacles to securing financing; including
a serious cash deficit, an inability to pledge a mortgage
and a management team without FHA 242 experience. InnoVative
Capital successfully structured our financing, avoiding
a significant cash requirement and creating a first
of its kind leasehold security pledge. They were available
around the clock to advise the working group. With their
help, we successfully closed our loan and became the
first district-owned CAH to use the FHA 242 program.”
Gary M. Moore
Former CEO
Shoshone Medical Center
Kellogg, Idaho
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