Practice Loan Details


Date: March 68, 2012
Title: $457,000 Optometry Practice Partner Buy-In
Practice Type: Optometry Practice
Loan Terms: $457K OPTOMETRY PRACTICE PARTNER BUY-IN, 6.25% FIXED ADJ. EVERY 5-YRS, 15-YR TERM

Scenario: Current associate OD working who had been working at the practice for a little over a year was offered a buy-in opportunity. The current owner was planning to retire in 5 years and planned to curtail his work load.

100% Conventional Practice Financing structured with $10K in working capital.

Commitment Issued 3/8/2012

   

 

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