Practice Loan Details
| Date: |
June 169, 2014 |
| Title: |
$350K Pharmacy Practice Start-Up |
| Practice Type: |
Pharmacy Practice |
| Loan Terms: |
$350K PHARMACY PRACTICE START-UP, 6.00% (PRIME + 2.75), 10-YEAR TERM |
| Scenario: |
An experienced Pharmacist and his wife were looking to start-up their own Pharmacy in an upscale shopping center located in Greely, CO.
Having trouble securing the necessary financing, they contacted 1st Med Financial. We saw the value in the PharmD's experience and business plan. 1st Med was able to secure the financing they needed to start-up their dream practice.
SBA 7(a) Pharmacy Loan Financing structured to build-out, stock inventory, include necessary working capital and cover loan related soft costs.
Closed: 06/18/2014 |
| |
|
|
|
1st Med Advantages
 48 Hour Pre-Approvals |
|
| Direct Industry Knowledge |
|
| Streamlined Closing Process |
|
| No Up-Front or APP Fees Ever! |
|
|
