Healthcare Lending

Emerging Platforms and Large Medical Practices, Behavioral Health, Dental and Veterinarian Organizations and Ambulatory/Outpatient Facilities 

• In a rapidly consolidating environment, independent practices benefit from our experience and flexible financing options for practice acquisitions, refinancing, equipment purchases, lines of credit, letters of credit and an array of real estate strategies.
• Our ongoing dedication to understanding the trends in healthcare allow our borrowers to benefit from our perspective regarding the acquisition of ancillary service providers or clinically aligned organizations.
• General prospective clients include single and multi-specialty practices, mental and behavioral health facilities and diagnostic treatment facilities.

Critical Community Based Organizations, Special Services, and Health Systems 

• Community Based Programs, Special Services, and Health Systems all serve critical needs across the communities we serve. Our team will review all requests for financing and can consider creative debt structures to meet the Organization's needs for growth, expansion and recapitalization.
• Banking products include a full Cash Management suite, conventional loans, taxable and tax exempt financing, and creative fixed or variable rate products.

Senior Living Facilities 

• Provident Bank has carefully crafted a financing process that is efficient and transparent which allows you to focus on your facility. We work closely with your advisors from construction through all business cycles of your Assisted Living (AL), Independent Living (IL), Memory Care (MC) or Continuing Care Retirement Community (CCRC).
• Our experts regularly attend industry updates to be of greater value to our clients by being a resource for information and a knowledgeable partner you can trust.

Private Equity and Sponsor Backed Groups 

• For years, private equity groups have invested in Healthcare, but now the pace is quickening as the once fragmented markets continue to consolidate and scalability becomes viability.
• Our reliability gives private equity and sponsor backed groups, platform Management Service Organizations (MSO's), Veterinary Service Organizations (VSO's) and Dental Service Organizations (DSO's) confidence when pursuing Leveraged Buy-Outs (LBO’s), acquisitions, growth financings and asset-based lines of credit.

Medical Office Building Buyers and Real Estate Investment Trusts (REITs) 

• When working with experienced buyers, funds and operators, Provident Bank delivers on exceptional timing for decisions and highly competitive pricing.
• Our team works with a variety of permanent debt options for refinances, purchases and recapitalization strategies to enhance ROI.