| Date: |
November 25, 2015 |
| Title: |
$630K Dental Practice Debt Consolidation |
| Practice Type: |
Dental Practice |
| Loan Terms: |
$630K DENTAL PRACTICE DEBT CONSOLIDATION. 4.99%, 15-YEAR TERM - FIXED RATE FOR 5 - YEAR TERM; ADJUSTS EVERY 5 YEARS |
| Scenario: |
A successful general dentist located in Idaho was looking to consolidate his commercial real estate loan (on the dental office), his practice loan, business credit cards, and take out additional working capital for new equipment and future operational expenses. He wanted to have all his debt consolidated into one low monthly payment.
Due to the favorable fixed rate and term of the new loan, the doctor was able to increase monthly cash flow dramatically, even after taking out an additional $150K in working capital.
Conventional Dental Practice Financing structured to consolidate CRE loan, practice loans, business credit cards & working capital.
Closed: 11/25/2015 |
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