The optometrist had started talks with the developer when he contacted 1st Med Financial. We discussed his available options and made sure that the project would be viable from both a cash flow and time-frame perspective.
100% SBA 7(a) Practice Financing structured to purchase land, construct new building, purchase furniture, fixtures, working capital and loan related soft costs.
9-month interest only during construction followed by P&I payments.
Closed: 05/29/2014
Please contact one of our experienced pracitce loan advisors at 800-318-7125.