Practice Loan Details
Date: |
October 296, 2011 |
Title: |
$675K Pharmacy 2nd Location Expansion |
Practice Type: |
Pharmacy Practice |
Loan Terms: |
$675K PHARMACY 2ND LOCATION EXPANSION, 100% FINANCING, 5.25% (PRIME + 2), 10-YEAR TERM |
Scenario: |
Successful Pharmacy practitioner with a proven existing location looking to expand into a great retail location in a nearby city.
100% SBA 7(a) Financing structured to take-out current pharmacy debt and allow for Tenant Improvements ($100K), Inventory ($150K) and Working Capital ($250K).
Closed 10/23/2011 |
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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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