Practice Loan Details
Date: |
June 175, 2012 |
Title: |
$680K Veterinary Practice Start-Up |
Practice Type: |
Veterinary Practice |
Loan Terms: |
$680K VETERINARY PRACTICE START-UP, 6.00% FIXED, 10-YEAR TERM |
Scenario: |
Successful Veterinary Practitioner Husband & Wife Team with 10+ years of experience looking to start-up their own location. Had originally started their project with a large national bank. However, when the contractor estimated came in higher than expected, this bank would not increase the funding amount.
100% SBA 7(a) Financing Structured to take out the current loan and fund the complete project and include $60K in working capital.
Loan Proposal Issued 6/23/2012 |
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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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