Practice Loan Details
Date: |
July 191, 2013 |
Title: |
$750K Dental Practice Acquisition |
Practice Type: |
Dental Practice |
Loan Terms: |
$750K DENTAL PRACTICE ACQUISITION, 5.43%, 10-YEAR TERM - FIXED RATE FOR 5 - YEAR TERM; ADJUSTS EVERY 5 YEARS |
Scenario: |
An experienced dentist was looking to purchase a pediatric practice approximately 200 miles from his current home. After receiving sub par financing offers from major banks, he came to 1st Med for help.
100% Conventional Practice Acquisition Financing structured to cover the practice assets, goodwill, & working capital needs.
Closed: 07/10/2013 |
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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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