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Medical Center Infrastructure: $12 Million - EFFI Finance
Featured Project: Lease Installation Financing for Medical Facility
Meet Savings Goals with Lease Installation Financing and Stretch Payback Over A Longer-Term
Client Situation: The administration at this regional hospital was required to upgrade the facilities with LED lighting, energy efficient windows, and a co-generation system. They preferred the ease of term debt over long-term bond financing.
EFFI Provided: EFFI funded $12 million in long-term, lease installation financing for this bustling medical center. As the critical medical facility for the major metropolitan area, vital infrastructure enhancements and energy savings upgrades were required. The energy savings would be realized over 20 years; EFFI knew that the term must be structured from the traditional 5-7 years to a 10-year term. The 10-year term and 12-month lease installation financing solution allowed for a smooth cash flow transition throughout the construction and implementation of the project. Lease installation financing allowed this hospital to continue serving their ever-growing city.