Bedford Lending is an independently-owned banking and financial advisory firm with a specialty focus on providing construction and permanent financing to hospital providers and facilities nationwide. As a direct FHA/HUD and USDA lender we offer the broadest range of hospital financing solutions available.
Our staff is comprised of senior healthcare professionals who have extensive experience in public finance, hospital credit analysis, health care consulting, mortgage banking, economics, and law. In addition to our core hospital financing programs, Bedford Lending funds FHA loans for assisted living, skilled nursing facilities, and senior housing properties. We start each process by assessing our client's financing needs and then prepare a financial analysis that clearly delineates all options.
Eligible Properties:
- Acute Care
- Critical Access
- Specialty Hospitals
- Large Urban Teaching Hospitals
- Hospitals in System
- For-Profit, Not-for-Profit, and Government-Owned Hospitals
- Skilled Nursing, Assisted Living, Res Care (in conjunction with critical access hospitals)
Finance Options:
- Construction or remodeling
- Expansion
- Modernization
- Equipment
- Refinancing (Now offering 100% financing)
- Acquisitions
Financing & Advisory Services:
- HUD 242 Mortgage Lender
- USDA Lender
- Private placement advisor for private and municipal bonds
- Financial advisor for tax-exempt and taxable bond transactions
- FHA financing for CCRC's, skilled nursing, assisted living
| Programs | LTV | Type of Hospital |
| HUD 242 | 90% | Acute Care or Critical Access |
| USDA Community Facilities Program | 90% | Critical Access or Community |
| Rated and Non-Rated Bonds | 90-100% | All |
| HUD 241 | 90% | Acute Care or Critical Access |
| Rural Development Bonds | 90-100% | Critical Access or Community |
As the CFO of a hospital chain, I engaged Bedford Lending to reposition a closed hospital. They worked closely with the board of directors and developed a plan to convert the hospital to an assisted living and memory impaired facility. BLC worked with the contractor, market specialist and architect to develop a solution and then funded the loan through a combined HUD/ tax exempt bond loan. They are true professionals."
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