Rural Healthcare Infrastructure Gets Boost From American Lending Center Participation

IRVINE, Calif.--(BUSINESS WIRE)--American Lending Center has announced participation in construction of two rural hospitals as part of its ongoing efforts to improve rural healthcare. The hospitals are literally on opposite sides of the country – one in Bessemer, Alabama, and the other in Grant County, Washington. Magnolia Bank, headquartered in Kentucky, was the issuing partner in both construction loans. Making these loans a public/private partnership, the USDA (U.S. Department of Agriculture