Practice Loan Details
Date: |
July 191, 2014 |
Title: |
$330K Pharmacy Practice Start-Up |
Practice Type: |
Pharmacy Practice |
Loan Terms: |
$330K PHARMACY PRACTICE START-UP, 6.00% (PRIME + 2.75), 10-YEAR TERM |
Scenario: |
Having trouble securing the necessary financing, the Pharmacist contacted 1st Med Financial. We saw the value in the PharmD's experience and in the under serviced community he was looking to start-up in.
1st Med was able to secure the financing he needed to start-up his practice.
SBA 7(a) Pharmacy Loan Financing structured to build-out, stock inventory, include necessary working capital and cover loan related soft costs. |
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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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