Practice Loan Details


Date: April 118, 2011
Title: $1.44MM Veterinary Practice Real Estate Construction
Practice Type: Veterinary Practice
Loan Terms: $1.44MM VETERINARY PRACTICE BLDG CONSTRUCTION, 5.86% BLENDED SBA 504, 22.5 YEAR TERM

Scenario: A successful DVM running a two doctor practice needing to expand to accomodate growth.

SBA 504 Loan Proposal Issued:

Financing structured at 90% LTV to acquire land, construction of new building, FF&E acquisition, new equipment, and loan related soft costs.

   

 

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