The only way they could get any equipment or working capital loans after 2008 was through high interest rate loans. When they came to 1st Med Financial their monthly payment was over $18,000 a month.
We worked with the owners and were able to consolidate all of their loans into one easy payment of $9,450 a month. This saved them over $8,500 a month in cash flow or $102,000 annually.
SBA 7(a) Dental Practice Financing Structured to refinance all outstanding debt, business credit cards and working capital.
Closed: 07/08/2016
Contact one of our experienced Practice Loan Advisors at (800) 318-7125.