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, with options also available for issuing taxable debt with property tax exemptions.
Tax-exempt financing provides qualified borrowers with alternative and affordable financing mechanisms. Taxable entities can also issue debt, and take advantage of statutory exemptions for property taxes for the life of the bond issue. 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 and taxable bonds, and financing guidelines.
These links are provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by HSC of any of the products, services or opinions of the corporation or organization or individual. HSC bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. Contact the external site for answers to questions regarding its content.