Practice Loan Details
| Date: |
June 06, 2013 |
| Title: |
$1.58MM Optometry Practice Relocation |
| Practice Type: |
Optometry Practice |
| Loan Terms: |
$1.588MM OPTOMETRY PRACTICE RELOCATION, 4.50% (Prime + 1.25), 25-YEAR TERM |
| Scenario: |
A successful Columbus, OH Optometrist with multiple locations had an opportunity to purchase a foreclosed building at a major discount and relocate his practice.
He contacted 1st Med and inquired about the financing options available for him.
100% SBA 7(a) Practice Financing Structured to provide for the acquisition of the new building, build-out, equipment and working capital needs.
Closed 06/06/2013 |
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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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