| Small Loan Program In 1999, the Authority established the Arizona Health Assistance Program. AHAP is designed to provide direct loans ranging from $20,000 to $250,000 to health care providers in Arizona. The interest rate on loans is 3% and the maximum term of the loans is 20 years. These loans are available for a broad variety of capital components, including medical and computer equipment. The Authority can structure the loans in a variety of ways to meet the needs of the applicants. The Authority is committed to maintaining this self sustaining, revolving loan fund as an integral component of a system designed to leverage public and private resources for the development of essential health care services. Since its inception, the AHAP has loaned more than $1.5 million to critical health care providers across Arizona. |