Practice Loan Details
| Date: |
December 30, 2010 |
| Title: |
$806K Dental Practice Debt Consolidation |
| Practice Type: |
Dental Practice |
| Loan Terms: |
$806K DENTAL PRACTICE DEBT CONSOLIDATION, 4.88% (PRIME + 1.63). 10-YEAR TERM |
| Scenario: |
Dental Practice Debt Consolidation
SBA 7(a) Loan Commitment Issued:
Financing Structured to consolidate equipment & practice debts.
Re-amortized over 10 years at 4.88% resulting in a 68% debt service reduction |
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1st Med Advantages
 48 Hour Pre-Approvals |
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| Direct Industry Knowledge |
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| Streamlined Closing Process |
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| No Up-Front or APP Fees Ever! |
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