Financing
Vital Healthcare Capital (V-Cap) is a non-profit social impact loan fund investing that provides flexible financing to support affordable, quality care for high-need communities. Powered by credit services from the national CDFI Self-Help, V-Cap provides both regular and special financing programs.
General Lending
Rates & Terms
All financings are structured to meet the needs of community-based healthcare organizations. Rates and terms are competitive or better. We individualize terms based on project details, timing, and structure
Loan Size
$250,000 - $25 million for property, facility, expansion, refinancing, or other major capital needs.
Smaller amounts may be available for pre-development loans
Partnership
Through technical assistance, support in attracting other resources, and advocacy, V-Cap adds value to our borrowers’ community health mission beyond the loan itself
Providers across the continuum of care are eligible, including:
Community health centers
Behavioral health treatment providers
(mental health, substance use, disabilities services)Other providers of integrated or specialty care to
high-need populations
Special Programs
For selective projects based on availability of funding and mission alignment
New Markets Tax Credits (NMTC) Financing Below $5M
A special Self-Help program that can provide the benefits of NMTC for smaller projects (minimum $1 million), ~25% of the total loan to be forgiven. Only available for projects that meet racial equity parameters.
Please contact us to learn more.
Long-term, fixed-rate Financing
Locks in fixed rates for up to 30 years, providing bond-like financing without some of the transaction costs and requirements of typical bond facilities
USDA Loans
For qualifying projects, Self-Help can be the private lending partner that allows a rural provider to take advantage of USDA loans
State-Based Initiatives
Strengthening Care Colorado
With support from the Colorado Health Foundation, V-Cap offers flexible, low-interest loans to a range of health care providers in the state.
Loans are available for up to $4 million.
Healthy Share for North Carolina
North Carolina has been historically underrepresented in NMTC investments, and while healthcare projects make up nearly 1/3 of all NMTC transactions, only a handful of NC health centers were funded through this program over the last decade.
V-Cap’s Healthy Share for NC program aims to increase access of individual health centers to NMTCs for capital projects in 2021-2022 and increase the share of NMTCs invested in health centers across NC over time.
Credits for Colorado
V-Cap’s Credits for Colorado initiative is documenting potential community health projects that could benefit from NMTCs in 2022 and beyond in order to obtain NMTC commitments for:
Projects impacting health equity for historically disadvantaged communities
Community health centers across Colorado
Behavioral health and other community-based health organizations
Contact Us About Your Investment Needs
We encourage you to speak with V-Cap early in your planning process to increase our ability to provide the most advantageous terms and structure, and to help you leverage other funding opportunities. Discussing potential projects now may help make attractive funding opportunities available when your project is ready.