Practice Loan Details
| Date: |
September 267, 2013 |
| Title: |
$750K Dental Practice Debt Consolidation |
| Practice Type: |
Dental Practice |
| Loan Terms: |
$750K DENTAL PRACTICE DEBT 5.75%, 15-YEAR TERM - FIXED RATE FOR 5 - YEAR TERM; ADJUSTS EVERY 5 YEARS |
| Scenario: |
A successful general dentist located in New Jersey was looking to consolidate his current practice debt and his office condo loan into one low easy to manage payment.
The doctor was able to increase monthly cash flow by combining several high interest rate business loans at a much lower rate and by re-casting his debt over 15-years. He also transferred his real estate debt to the practice and ended up with a free & clear office condo.
Conventional Dental Practice Financing structured to consolidate practice loan & real estate debt. |
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