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 Rehabilitational Center by Tom Markel

A commercial mortgage for a rehabilitation center will be approved by a bank or mortgage broker only after they have examined your business plan. Cost projections for something with that much overhead need to be estimated properly and a plan to meet those obligations needs to be laid out in detail, along with a back-up plan if the first one fails. There is a definite need for rehabilitation centers, especially with an increasing number of senior citizens in the United States, but there is also the very real possibility of early financial failure if the business plan isn't solid.
 
It's not up to the lender to tell you how to run your business, but it is their job to determine whether or not you're a good risk for a loan. That determination comes from a thorough evaluation of your current position, your past history, and your business plan for the future. Spend a significant amount of time preparing that plan. It could be the deciding factor in whether or not you get the loan you're applying for. iBank will shop you around to different lenders to get you the best terms, but it will be up to you to present your strategy and ideas to those lenders.
 
Use our convenient online application form to apply and we'll take care of the submissions. There are resources available on our website that can help you write a business plan and better understand commercial mortgages. Rehabilitation centers fall in the category of health care facilities, something we have an entire section on. Read through each of the pages in this section to learn more about this unique type of financing. Your new investment may also classify as a nursing home, independent living facility, or assisted living center. The final classification might affect lender approval.
 
What made you decide to purchase a rehabilitation center? Do you have any experience in the industry? What is your current financial situation? Do you have liquid capital available to weather any early financial storms? Play the pessimist and imagine everything that could go wrong will. Then put down on paper how you plan to deal with those situations when they arise and fill out your application. We'll find you a lender and you'll be ready to answer their questions when they ask them. 


Most Recent Postings

Type Amount Location Date Posted
Rehabilitational Center $675000 Mckinney,
TX
April 8, 2014
8:10 AM
Rehabilitational Center $1660000 Bonsall,
CA
March 13, 2014
1:49 PM
Rehabilitational Center $1500000 bir,
AL
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Rehabilitational Center $7147152653 austin,
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Rehabilitational Center $244000 Williams Bay,
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October 31, 2011
5:08 AM
Rehabilitational Center $300000 Libertyville,
IL
October 18, 2011
7:58 AM
Rehabilitational Center $100000 Cheshire,
CT
September 23, 2011
3:19 PM
Rehabilitational Center $150000 Sackville,
NS
April 26, 2011
4:16 AM
Rehabilitational Center $1875000 Cincinnati,
OH
November 30, 2010
9:51 AM
Rehabilitational Center $500000 Mesa,
AZ
October 18, 2010
2:08 PM

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