Foundation loans aid rurals' access to capital.
Hospital groups in two states are using $500,000 loans from the Robert Wood Johnson Foundation to help open the capital pipeline for rural facilities that often find it difficult or impossible to obtain financing. While a Nevada group is merging its funds with a state appropriation to establish a conventional loan fund, a Wisconsin co-op is leveraging its proceeds by setting up a loan guarantee pool.
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D005381:Financing, Organized; D005582:Foundations; D006780:Hospitals, Rural / Q000191:economics*; D009505:Nevada; D009515:New Jersey; D014922:Wisconsin