Practice Loan Details


Date: October 31, 2013
Title: $327K Pharmacy Debt Consolidation
Practice Type: Pharmacy Practice
Loan Terms: $327K PHARMACY DEBT REFINANCE, 5.25% (PRIME + 2.00), 10-YEAR TERM.

Scenario: Two Successful Pharmacy Business partners were looking to consolidate their Pharmacy Practice debt due to an upcoming balloon payment on their current loan.

They already were denied financing by a major institution for an SBA loan. This is when they decided to reach out to 1st Med Financial.

100% SBA 7(a) Pharmacy Practice Financing Structured to provide for the refinance of their current practice debt and working capital needs.

Closed: 10/31/2013

   

 


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