Practice Loan Details
| Date: |
July 197, 2010 |
| Title: |
$525K Pharmacy Debt Consolidation |
| Practice Type: |
Medical 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 |
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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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