Practice Loan Details
Date: |
February 50, 2013 |
Title: |
$450K Optometry Practice Acquisition |
Practice Type: |
Optometry Practice |
Loan Terms: |
$450K OPTOMETRY PRACTICE ACQUISITION, 5.95%, 10-YEAR FIXED TERM |
Scenario: |
An Associate Optometrist was looking to purchase the practice she was currently working 4 days per week at. After receiving sub par financing from her local banks, she approached 1st Med for help.
100% Conventional Practice Acquisition Financing structured to cover the practice assets, goodwill, new equipment & working capital.
Closed 2/19/2013 |
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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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