The practice debt included a practice loan, two equipment loans and a high interest rate daily payment loan.
The doctor approached 1st Med Financial because his debt payments were way too high and needed some help to increase his cash flow.
The doctor was able to increase cash flow by more then $6,000 a month by combining all his loans at a lower rate. By re-casting his debt over only 8 years he would still pay-off this loan before his original practice loan would mature.
Conventional Dental Practice Financing structured to consolidate practice loans, equipment loans, daily payment loan & working capital.
Closed: 06/10/2015
Please contact one of our experienced pracitce loan advisors at 800-318-7125.