Details | California Health Facilities Financing Authority's Tax-Exempt Equipment Financing Program


Funder

 

California State Treasurer

Implementer

 

California Health Facilities Financing Authority

Description

 

The California Health Facilities Financing Authority (CHFFA) recognizes that health facilities utilize a variety of equipment in every day operations, and that the financing can add considerably to the overall cost of equipment purchases. The Authority has established the program to provide health facilities with access to tax-exempt fixed rate financing for their equipment purchases. A borrower under the program may fund qualifying equipment purchases of $500,000 or more. The maturity of the loan must be related to the useful life of the equipment to be financed. notes issued through the program will be collateralized by the equipment that is purchased. Funds may be used to purchase or reimburse all types of qualifying equipment by an eligible health facility, including but not limited to medical and diag0stic equipment, computers, and telecommunications equipment. Funds may also be used to finance mi0r equipment installation costs.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

California

Applicant type

 

For Profit  |  Non Profit  |  Public Agency

Project

 

New Addition to an Existing Building  |  Production Process Improvement  |  Real Estate and Asset Purchases  |  Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building  |  Whole New Building Construction

Sector

 

Commercial  |  Public

Sub-sector

 

City  |  County  |  Health Care  |  Special Districts

Sustainability

 

Electric Vehicle Charging Infrastructure  |  Electric Vehicles  |  Energy Efficiency for Processes  |  Energy Efficiency in Buildings  |  Energy Management System  |  Energy Storage  |  Generation Systems  |  Waste  |  Water Use Reduction

Additional website

 

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

None

Interest rate comment

 

Incentive