Practice Loan Details
| Date: |
March 01, 2017 |
| Title: |
$605K Dental Practice Debt Consolidation |
| Practice Type: |
Dental Practice |
| Loan Terms: |
$605K DENTAL PRACTICE DEBT CONSOLIDATION, 3.54% 10-YEAR FIXED TERM |
| Scenario: |
A successful general dentist located in Arkansas was looking to consolidate his commercial real estate loan (on the dental office) and his practice loan. He was looking to take advantage of historically low rates and he also had a balloon payment coming due in a couple of years.
Due to the favorable fixed rate and term of the new loan, the doctor was able to increase his monthly cash flow dramatically. He will also no longer have to worry about refinancing his commercial real estate loan that had a balloon payment.
Conventional Dental Practice Financing structured to to refinance the CRE loan and to refinance the practice loan.
Closed: 03/01/2016 |
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