Practice Loan Details
Date: |
February 08, 2013 |
Title: |
$620K Pharmacy Practice Start-Up |
Practice Type: |
Pharmacy Practice |
Loan Terms: |
$620K PHARMACY PRACTICE START-UP, 5.25% (PRIME + 2), 10-YEAR TERM |
Scenario: |
When two experienced former healthcare professionals were looking to start-up a new compounding pharmacy concept in Chicago, IL, they were referred to 1st Med Financial.
The partners were looking to create a platform for small & independent pharmacies to access much needed compounding services.
SBA 7(a) Pharmacy Loan Financing structured to build-out, stock inventory, include necessary working capital and cover loan related soft costs.
Closed: 2/08/2013 |
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1st Med Advantages
48 Hour Pre-Approvals |
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Direct Industry Knowledge |
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Streamlined Closing Process |
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No Up-Front or APP Fees Ever! |
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