Practice Loan Details
Date: |
July 197, 2010 |
Title: |
$525K Pharmacy Debt Consolidation |
Practice Type: |
Healthcare Practice |
Loan Terms: |
$525K PHARMACY DEBT CONSOLIDATION, 5.25% (PRIME + 2), 10-YEAR FULLY AMORTIZED TERM. |
Scenario: |
Pharmacy Practice Debt Consolidation
SBA 7(a) Loan Proposal Issued:
Financing Structured to consolidate equipment & business start-up debts and provided working capital for growth
Re-amortized over 10 years at 5.25% resulting in a 67% debt service reduction |
|
|
|

|
1st Med Advantages
48 Hour Pre-Approvals |
 |
Direct Industry Knowledge |
 |
Streamlined Closing Process |
 |
No Up-Front or APP Fees Ever! |
 |
|