Blueprints to Punch List: Healthcare Edition Podcast | Episode 2 | Steve Fulmer

Blueprints to Punch List: Healthcare Edition is your trusted guide to building healthcare facilities. Whether you’re a facility director, project manager, or practice owner, this podcast breaks down the construction process with practical tips and expert insights. From planning to final walkthroughs, we’re here to simplify every step of your journey.

Focused on the unique needs of healthcare construction, we tackle topics like budgeting, compliance, materials, and scheduling. Whether you’re new to the field or a seasoned professional, Blueprints to Punch List equips you with the tools to turn your vision into reality. Let’s build smarter, together.

In episode 2, hosts Dave Grosz and Ken Fulmer, project managers at Wilson & Company, Inc., welcome banker Steve Fulmer to discuss the intricacies of commercial lending for healthcare projects.

The discussion includes the typical timeframes for loan application processes, factors influencing loan approval, and the impacts of tenant improvements. Steve shares detailed insights about SBA requirements, cash flow analysis, and the essential role of contingency funds in construction projects. He also discusses his journey from the military to a successful banking career, highlighting the importance of due diligence and selecting the right contractor. Tune in for invaluable advice on securing a commercial loan and effectively managing construction costs while mitigating risks.

To connect with Steve:

https://www.linkedin.com/in/sbasteve

https://www.facebook.com/SBASteveCFL

For more, visit:

https://wilsoncompany.net/podcast

https://wilsoncompany.net

00:00 Introduction to Loan Application Process

00:44 Podcast Introduction and Host Catch-Up

01:28 Special Guest Introduction: Steve Fulmer

03:20 Steve Fulmer's Background and Career Journey

12:40 Navigating the Loan Application Process

16:52 Capital Injection and Building Improvement

17:38 Loan Application to Completion Timeline

18:30 Construction Projects and Appraisals

19:29 Managing Cost Fluctuations

20:09 Contingency Planning in Construction

26:06 COVID-19 Impact on Construction

32:14 Ground-Up Development Projects

35:41 Community Bank Lending Criteria

38:59 Advice for Loan Applicants

42:46 Conclusion and Contact Information

#newpodcast #WilsonandCompany #constructionpodcast #healthcarefacilities #commercialloans #sbaloan