Loans for Hospitals in India

We provide loans for hospitals all over India up to Rs.100 crores or more for various purposes including setting up a new hospital to renovation & acquisition of an existing hospital.

Fund Source India is a pioneer in raising funds for hospitals through our professional approach and the use of digital resources makes it a seamless loan process.  

Hospital Loans are available for the following entities:

·         Private Hospitals

·         Nursing Home

·         Diagnostic Centers

·         Health Care Centers

·         Health Resorts

 

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Loans for Hospitals can be used for many purposes

  1. Hospital Infrastructure Finance: Whether planning to launch a new hospital or constructing a new building for expansion, we can extend a finance facility to accommodate both. In the case of the new unit, 20 to 30% needs to be infused by promoters and the balance can be financed.
  2. Medical Equipment Finance: This loan allows hospitals and clinics to purchase new medical equipment which can increase their revenue and hospital strength. This equipment can include X-ray machines, CT scans, MRI machines, and sonography machines. This will keep the hospital up to date and to excel in the competition.
  3. Hospital Renovation Loan: Every hospital requires time-to-time renovations to keep ahead of its competitors, book more profits, and provide better facilities to its patients.
  4. Working Capital Loan: Every hospital or health center requires financing to meet day-to-day expenses and maintain cash flows. This will include staff salaries, utility bill payments, vendor payments, buying consumables, and more.
  5. Acquisition Loans: When planning for expansion, it will be easy to acquire already-running hospitals to increase strength and business. So, a hospital acquisition loan is provided to purchase an existing hospital. As a general rule, 70 to 80% is provided as a loan, and the promoters need to contribute the balance.
  6. Takeover of Existing Loans: We can take over the existing loan facilities and provide additional funds to meet the current funds requirements. We can pay directly to the previous bank/nbfc and all the collateral & security come to us and an additional loan will be paid in the borrower’s current account.

Key Features of Loans for Hospitals in India

  • Loan starting from Rs.1 Crore to 100 crores or more
  • Available in all major cities
  • Hospital land & buildings can be considered collateral for the new loan
  • A working capital loan is also provided along with the construction loan
  • Loans on additional properties are also available
  • Easy onset of process
  • Digital collection of documents
  • Borrowers having issues with past repayments can also apply

Conditions for the loan:

  • Proprietorship firms/ Partnership firms/ Pvt ltd/Ltd/ Corporates and Trust/Society are eligible for this loan
  • All approvals required before the application
  • For setting a new unit, promoters with MBBS or equivalent qualifications are eligible
  • Previous experience in the same line of activity is required in case of setting up new hospitals/clinics

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Also We Provide : Loan For Schools

Why Choose Fund Source India