Alabama - Surgical Hospital

  • : Refinance
  • : $28,000,000
  • This private 252-bed hospital, complete with a medical-surgical healthcare facility serving a large region of Alabama. CMAC was called in after the hospital had negotiated a substantial reduction from its then current bank. As a result of CMAC’s efforts both the incumbent and competing banks offered rates and terms considerably lower than the hospital had done on its own, generating a savings of about $2MM over the 10-year term. Additionally, personal guarantees were not required.