Practice Loan Details
Date: |
October 295, 2010 |
Title: |
$564K Dental Practice Acquisition w/ Real Estate |
Practice Type: |
Dental Practice |
Loan Terms: |
$564K VETERINARY PRACTICE ACQUISITION, 5.25% 95% FINANCING ($25K Injection). 25-YEAR TERM |
Scenario: |
Associate Dentist looking to acquire the practice he was currently employed at. He was also looking to acquire the Bank Owned real estate which housed the practice simultaneously.
SBA 7(a) Loan Proposal Issued:
95% Financing (25K Injection) structured for Practice Acquisition, Real Estate Acquisition Working Capital and Loan Related Soft Costs.
25 Year fully amortizing loan |
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Direct Industry Knowledge |
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