The dentist shared space with a partnering dentist and had multiple loans on his practice, one with a high interest rate. He was also looking to upgrade equipment and take out additional working capital.
Due to the favorable fixed rate and term of the new loan, the doctor was able to increase monthly cash flow even after taking out the additional $150K in working capital.
Conventional Dental Practice Financing structured to consolidate practice loans & working capital.
Closed: 12/08/2014
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