The practice debt included two business credit cards at high interest rates. The Practice loan was also secured by a mortgage on a commercial property the dentist owned.
The doctor was able to increase monthly cash flow by combining several high interest rate business loans at a much lower rate and by re-casting his debt over 15-years. He also transferred his real estate debt to be included in the loan.
Conventional Dental Practice Financing structured to consolidate practice loan & real estate debt.
Closed: 09/09/2014
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