Success story · Healthcare
Urology Nevada Built a New Facility
Urology Nevada explains how it built a new state-of-the-art facility in Reno using an SBA 504 small business real estate loan for the financing.
| City | Reno |
|---|---|
| Industry | Healthcare |
| What the loan financed | A new purpose-built medical facility |
| NSDC filmed this story | 2018 |
The business
Urology Nevada is a specialist medical practice in Reno. It used an SBA 504 commercial real estate loan to finance a new, purpose-built facility.
Why building beats leasing in medicine
A medical facility is not a generic office. Imaging rooms, plumbing, power and infection control are all fitted to the specialty, and that investment only pays back if the practice owns what it is investing in. Ground-up construction is an eligible use of the 504 program.
“We wanted to create a facility that would meet the demand — not only in terms of space and size, but in terms of quality.”
Urology Nevada
Watch the story
NSDC’s Success Story film, on NSDC’s YouTube channel.