$200K Dental Practice 4th Location Acquisition

Date:
April 22, 2015
Practive Type:
Dental Practice
Scenario:
A very successful Dentist was looking to purchase additional practices in neighboring towns and cities from his other practices. He had a great opportunity to purchase his 4th overall practice for $200K.

The doctor came to 1st Med Financial for help since there were a couple of issues that he needed to get over in order to get financing. We were already working with him on getting his 3rd practice acquisition and he had recently purchased two other practices in the last 12 months.

The other issue was to make sure that the Doctor was not growing too big too fast. We analyzed his global cash flow to make sure this additional acquisition made sense.

1st Med Financial worked with the doctor and all affiliated parties to get over these hurdles.

100% Conventional Practice Acquisition Financing structured to cover the practice assets, goodwill & working capital..

Closed: 04/22/2015

Loan Terms:
$200K DENTAL PRACTICE 4TH LOCATION ACQUISITION, 5.68%, 10 YEAR FIXED TERM

Please contact one of our experienced pracitce loan advisors at 800-318-7125.