Through its program administrator, HSC, the New Mexico Hospital Equipment Loan Council offers a variety of different tax-exempt financing options, including issuance of revenue bonds, private placement transactions, loans, and leases. The Council is the statewide tax-exempt financing authority for non-profit and governmental healthcare facilities.

Tax-exempt financing provides qualified borrowers with alternative and affordable financing mechanisms. The Council offers an extremely competitive fee schedule, and schedules its Board meetings to accommodate a borrower's financing schedule. This allows healthcare facilities to issue debt conveniently and cost-effectively. Bond issues can be structured with either fixed or variable interest rates.

To obtain more information on the Council's activities, project plan requirements, fee schedules, sample documents, and application forms, visit the Council's website. Several useful documents can also be downloaded including information regarding financing methods, financing team participants, forms of credit enhancement, the rating process, costs associated with issuing tax-exempt bonds, and financing guidelines.

Related Links

National Council of Health Facilities Financing Authorities
New Mexico Hospital Equipment Loan Council