Back to Newsroom

MedCapital Group Provides $4,200,000 Financing for Ambulatory Surgery Center and MRI Center


Dallas, Texas – January 08, 2004 - MedCapital Group announces permanent financing in the amount of $4,200,000 for a multi-disciplinary ambulatory surgery center and MRI center in Southern California. MedCapital negotiations enabled the borrower to choose from either of the following terms:

  • A fixed rate of 6.65% for a 10 year term or,
  • A fixed rate of 5.50% for a 10 year term with a 5 year rate review

Both alternatives amortize over twenty years with the borrower choosing the second option.

Closing the transaction prior to the end of the year was important to the client and would result in substantial savings. MedCapital Group was able close the transaction in a period of 28 days during the holiday season fulfilling this need. The 15,120 square foot medical facility is located in Southern California and includes a multi-disciplinary ambulatory surgery center, MRI center, and Medical Office space.