Practice Loan Details
Date: |
November 332, 2012 |
Title: |
$400K Pharmacy Practice Start-Up |
Practice Type: |
Pharmacy Practice |
Loan Terms: |
$400K PHARMACY PRACTICE START-UP, 5.25% (PRIME + 2), 10-YEAR TERM |
Scenario: |
Two long time retail pharmacists looking to start-up their own compounding Pharmacy in Knoxville, Tennessee contacted 1st Med Financial. With their combined experience and detailed business plan, we immediately saw the potential in their request.
SBA 7(a) Pharmacy Loan Financing structured to build-out, stock inventory, include necessary working capital and cover loan related soft costs.
Closed: 11/27/2012 |
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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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