When the doctor came to 1st Med Financial he was having trouble securing financing for his second practice and a number of lenders wanted him to put money down.
1st Med Financial worked with him and was able to get the doctor 100% financing. Besides getting him financing the 2nd location start-up, 1st Med also was also able to consolidate the current debt and actually increase the doctor's cash flow.
SBA 7(a) Optometry Financing Structured to refinance all outstanding debt on the current practice, build-out for the 2nd location, equipment and de working capital.
Closed: 02/02/2016
Please contact one of our experienced pracitce loan advisors at 800-318-7125.