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Testimonials


We are very grateful for 1st Med Financial. We are sure it was God who sent them our way. A year ago with my husband, we went through the painful process of applying through several banks directly to purchase a practice of similar value and similar sales. If we only knew about 1st Med then, we could have avoided this painful experience. At that time were denied 4 times... If you think you can save a couple of bucks, let me tell you... We got a great rate, we got 100% financing and some working capital... What else would you need?

Also... They will guide you through the application process. After our previous year experience, it all seemed so easy this time.

They worked very efficiently, and got us the loan we needed in order to achieve the dream of having our own practice.

Once again, THANKS guys! Michael, David... You guys are AWESOME... You have no idea how grateful we are. We really wish you the best... You are impacting people lives! Thank you and 100 times Thank you!

Cristina Polit, DVM & Alfonso Reyes


It was a pleasure working with you and everyone at 1st Med Financial during this process. I would strongly recommend someone taking on a business venture for the first time to utilize the expertise and know-how you & your team have to offer. From tweaking my business plan to helping me with financial projections, you have certainly been there to aid me on the way to securing my business loan and ultimately seeing my dream of opening my own pharmacy come to fruition.

You and David Goldstein were always there when I had questions or was uncertain about which way to proceed and it really made a huge difference in this endeavor.

Thanks again for all of your support & expertise! Your assistance and persistence will not be soon forgotten!

Thanks so much!"

Solie Brown, PD
(Owner & Pharmacist)
Highland Health Mart Pharmacy
Baton Rouge, LA
(Opening Spring 2013)


I am Jamal Jones, C.E.O. of Dr. Jo'Ann Todd and Associates O.D., P.L.L.C. Traditional banks would not lend to us to purchase our business without 25% down. As a licensed Optometry Doctor for less than 5 years, we didn't have that kind of money lying around. I did an internet search for optometry lending and up popped 1st Medical Financial!

They approved us within a few days for 100% financing pluse working capital! Mike Furlong and his team worked hard to help us achieve our dream!

Thanks to 1st Med Financial!

We are greatful!

Dr. JoAnn Todd, OD & Jamal Jones, CEO


I strongly recommend MIke Furlong @ 1st Med Financial for financing of any kind and refinancing of debt in particular. He was very easy to work with, always accessible and responded immediately to all of my concerns.

Mike was relentless in trying to meet all of my financial needs. I feel like I made a new friend. It was a pleasure to work with him."

Dr. Scott Goldberg, DMD


We recently closed a practice acquisition loan and a real estate loan with Mike Furlong and 1st Med Financial. Having shopped the deal with several local banks and other medical lending institutions, we knew that the conditions and circumstances of the deal were far from ideal.

Mike provided the insight and experienced needed to not only obtain financing, but at rates and terms that far surpassed our expectations. Mike was an absolute pleasure to work with and we would highly recommend him to anyone looking for medical financing."

Dr. Kayla Shipman, DVM & Jason Shipman


We knew that obtaining a loan to refinance our practice, purchase a building, and obtain a construction loan to remodel it would be difficult. Our local banks wouldn't work with us.

Mike Furlong and 1st Med Financial helped us reach our goal. Throughout the process Mike responded quickly to our questions and worked hard as an advocate on our behalf with the bank. While the process was long, and there were issues to overcome along the way, Mike got it done.

It was great to know that he was only a phone call away. We're looking forward to moving into our new location soon and enjoying it for years to come."

Dr. Amy Schwartz, OD - Family Vision Center


Having been down the practice loan rodeo over the years more than a few times, I can wholeheartedly endorse Mike Furlong through 1stMedFinancial. He was always quick to respond, helpful, and professional and had the answers I needed quickly.

He will be the first and last I will contact the next time I need a dental practice loan. From start to finish it was also the shortest transaction of this type I've had.

Thanks Mike,

Dr. Galen Kellenberger, DDS - Peculiar Dental Care


Thank you so much for taking the burden of handling the financing of my new practice. I talked with other banks that were "not sure" if they could handle the loan much less complete all of the paperwork so it was wonderful to have you and the staff at 1st Med Financial help get this purchase completed. 

I will be eternally grateful and hope if you are ever in need of my services you will give me a call. Thank you again."

Dr. Patricia O'Kelley-Hughes, OD - Eyedok, LLC


I wanted to take this opportunity to thank you for all of your help in coordinating the financing for the sale of my Optometry practice. 

With my busy schedule, you made it easy to get you the necessary data to complete this business transaction in a short period of time. I appreciate your service and professionalism."

Michael F. Quint,OD - Quint Optometry Practice


I recently closed a loan with Mike Furlong and 1st Med Financial. Mike displayed exceptional ability to listen to the needs of my practice. He was a valuable resource. Our closing was a smooth and pleasant transaction. He was always approachable and timely. We can't thank him enough for providing he right financing for our situation.

I would recommend 1st Med Financial without reservation."

Dr. Kirk Poldek, DDS - Poldek Family Dental


Working with Mr. Furlong was a pleasure. From our first conversation, he instilled a sense of trust that he held to through the entire process. Michael assessed our needs accurately and helped guide us to the correct type of loan. His guidance was spot on.

As is sometimes the case, there was a glitch as we neared closing, that was in the hands of a 3rd party...but instead of waiting around, Michael looked at every angle and helped navigate us through the process until we secured the closing.

As a business owner, I get calls every day from people who have the next greatest thing to help my business...I never trust those calls. The call from Michael was different...it was professional, believable and most importantly actually spoke to the needs of our business. Thank you Mike for your help during these weeks.

As a side note, every claim made by Mike about funding, rates, and the fact that there would be no out of pocket was delivered on."

Chris & Scott Lindsey-Pittman, PharmD - Lindsey's Pharmacy


I can not say enough about Mike Furlong and 1st Med Financial. My wife Kim and I became interested in purchasing our own hospital but had no idea where to begin. From the first time I spoke with Mike I felt we were in competent and knowledgeable hands. Mike took the confusing, labor intensive and often frustrating steps associated with obtaining a loan and acquiring a practice and made them easy, understandable and hassle free.

Mike worked diligently throughout the entire process to make sure all of the proper steps were taken in the process of applying for and obtaining our loan. In the end, we were able to secure the loan and acquire the practice.

Thanks Mike for making the process of chasing down our dream not only doable, but overall painless. I would recommend Mike Furlong and 1st Med Financial to anyone and would not hesitate to use their services in the future."

Dr. Jeff Makowksi, DVM - Cedars Veterinary Hospital


Dear Mike,

Thanks for all your help and support. I am looking forward to do more business with you in the future."

Dr. Loc Bui , DDS - Everest Dental Corporation


We just wanted to take the time to say a big “thank you” to Mike Furlong at 1st Med Financial. He helped us secure a $350,000 SBA loan on a start up pharmacy when other institutions wouldn't’t consider lending to a start up business.

We were beginning to think that getting a business loan was impossible, even with excellent credit. We were on the verge of giving up on our dream when we came across Mike’s company. Within two weeks, Mike had found a financing option for us that far exceeding our expectations.

There is no way that we could have secured a loan without Mike and 1st Med Financial. Mike is dedicated, thorough, and returns phone calls promptly. Throughout the lending process, he consistently called to update us on the status of our loan. He truly stands out in the lending world. We highly recommend Mike and 1st Med Financial.

Thank you for caring so much about the success of our business."

Clint Gentry, PharmD and Amberly Gentry, PharmD – Gentry Pharmacy


As far as I'm concerned, 1st Med Financial's Mike Furlong accomplished the impossible for our dental practice. He took a client saddled with poor credit and managed to secure a practice transforming SBA loan for $270,000.

There's no stronger, more loyal, or more determined an advocate than Mike. I would have never rehabilitated my credit and navigated the detailed SBA requirements without Mike's excellent leadership.

Mike made himself available, took the time to listen, and proved to be an All-World closer.

After experiencing the level of service Mike offers, I've had to reassess my understanding of the word "excellence."

Mike's the best and he has my highest recommendation."

Jack Von Bulow, DDS - Temple City Dental


Please provide this account of our very positive experience dealing with 1st Med Financial to any of your potential clients. We really couldn't be more pleased with the care and service you provided us from our first contact through the close of our practice expansion loan. Moreover, any potential client whom you feel might be beneficially encouraged by speaking with me directly, is welcome to contact me by telephone or email.

Throughout the process, there was never a call or email that went unanswered, and in many cases our answers and needed correspondence occurred outside of what would have been for anyone else, "normal business hours".

I'm sure that the lending environment for small business has improved, but I'm likewise comfortable that without Michael Furlong's assistance and shepherding the process, we would have given up on our expansion plans. We can't thank Michael and the 1st Med Team enough for their efforts on our behalf, or recommend his services highly enough."

Dr. Paul McGraw, DDS, FAGD / Nancy Newhouse, DDS, MS - Newhouse Periodontics


On Feb. 24th, 2011 my loan was closed for $1,630,000 within two months from starting the whole process. I have been in Dental Practice for over 31 years and have dealt with many banks, financial institution, dental supply house financing and many other leasing companies. My experience dealing with Mike was extremely pleasant, professional and wonderful. Whole process of this loan consolidation was a breeze considering the large amount and today’s tough economy.

To top this all he never requested any up front fees or application deposit or any written commitment from me. 1st Med Financial has changed my feeling and experience about loan process.

I would highly recommend Mike Furlong and 1st Med Financial to anyone without any hesitation. He is a superb, trustworthy and very reliable person. He is number one in my book. If you are looking for financing your practice and serious about it, contact 1st Med or Michael Furlong and you will NOT REGRET it. Thank You Mike for all you have done and your services are highly appreciated."

Dr. Anil K Agarwal, DDS, MS, FAGD, FICOI, FACO, DICOI - WInterset Dental Care
Associate Professor Northwestern University (1979-2001)
Director of Clinics Northwestern University (1982-1987)
Board Certified Prosthodontist
Alumni Merit Award Winner Northwestern University 2008


Ever since the financial crash, banks have been much more difficult to work with. If it wasn't for Mike at 1st Med Financial constantly pushing, I don't think the deal would ever have gone through. It was always easy to get in touch with him, by phone or email, and in the end I was able to consolidate three loans into one with a great rate. I recommend anyone looking for a loan or a refinance to Mike and 1st Med without reservation."

Dr. Patrick Capp, DDS


The road to secure an $850,000 loan was difficult for me to do on my own. I tried working with three different well known banks. Even with an excellent credit report the process was frustrating and time consuming. In the end I was offered a loan that was adequate at best. I was told about Mike Furlong at 1st Med Financial who took some basic information from me and quickly accessed my situation. Within a week I had a far better financing option available to me. Mike made the process so easy for me and delivered quick, superior results. Now as I sit in my beautiful veterinary hospital I can reflect on the long road I took to accomplish this goal and I know that Mike was a major piece of this puzzle.

If you are looking at financing for a practice purchase I believe Mike Furlong and 1st Med Financial can help you succeed. Simply stated, his opinion and information helped me save money. I will always be grateful."

Dr. Stuart Sobol, DVM - Dr. Dan's Animal Clinic


Michael Furlong, has been very helpful in making my dream possible to own a practice. He listened to me in what I wanted to accomplish with buying a practice and my goals in how I wanted to do that. As he was able to find me multiple different options for loans that would meet my needs and wants. He was available for any questions or concerns that I may have had and was a go between with me and the bank.

He was able to take alot of stress off of my back as I started the process of buying the practice that I had worked at for the last 6 1/2 years at the end of November and was able to close before the end of the year, as well as being 6 months pregnant. He helped move things through with the bank and lawyers to make as smooth as a transition as possible.

Very much appreciated all his time in making a normally stressful situation a breeze. "

Dr. DeAnn Kumm, DVM - Animal Emergency Clinic


My name is Josh Smith, and I am a General Dentist practicing in Salt Lake City, Utah. I met Mike through a direct mailer. He sent me an application, within a few weeks, I was approved to purchase a practice for $660,000.00. As Mike would talk back and forth with underwriting,, he would call and update me on what was going on or what the bank needed. Based on both of our schedules. There were a number of times that we spoke at night at 8:00 Utah time, 10:00 Florida time.

I haven't met someone who has been so willing to help get a loan funded. If there are any questions I can help answer, please call. Mike has my information. My website is www.smartdentalcare.net."

Dr. Joshua Smith, DDS - Smart Dental Care


I recently purchased an existing commercial building for my dental practice. I had been looking for a building or land for a couple of years, but had never found what I needed. When this property became available, I wanted to jump on it. Unfortunately, the bank who owned the building wanted everything done and closed in a very short time frame. I was put in touch with Mike at 1st Med Financial and the deal took off from there. He was very helpful in accomplishing the dozens of items that came up throughout the process. He was always willing to take care of things. Whenever I was unable to get something done, Mike would step in and make it happen.

I would wholeheartedly endorse Mike Furlong and 1st Med Financial."

Dr. Robert W. Albertelli, DDS - Rocky Mountain Dental

 

 

 

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1st Med Advantages


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Recent Closings

Apr

25

2013

Veterinary Practice
$1.05MM VETERINARY PRACTICE & RE ACQUISITION, 5.7...
Apr

05

2013

Veterinary Practice
$200K VETERINARY PRACTICE ACQUISITION, 6.68% INT....
Mar

29

2013

Pharmacy Practice
$220K PHARMACY PRACTICE START-UP, 5.25% (PRIME + ...
Feb

28

2013

Dental Practice
$532K DENTAL PRACTICE DEBT CONSOLIDATION. 5.6% 7-...
| See More Recent Closings
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