Primary Care Capital Fund
PCCF is PCDC’s facilities development loan product. Since 1998, the consortium has made available a total of $70 million for primary care projects throughout New York State, including facility loans, facility improvements, working capital and equipment purchases. The program is funded through a series of revolving credit agreements with a consortium of four banks: JP Morgan Chase, Citibank, HSBC and Bank of America.
For more information, click here to submit a Loan Inquiry.
| Summary of Terms | |
| Purpose: |
Permanent financing option for organizations in New York State seeking financing for primary care facility loans, facility improvements, working capital and equipment purchases. Up to 6% of each loan may be used for working capital and operating start-up costs. |
| Allocation Size: |
$500,000 to $6 million |
| Loan Term: |
Up to 10 years with 15-year amortization |
| Loan to Value: |
Up to 90% of project costs |
| Interest Rate: |
Fixed or variable |
| Repayment: | Monthly interest & interest payments |
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