Practice Loan Details


Date: July 15, 2011
Title: $550K Dental Practice Debt Consolidation
Practice Type: Dental Practice
Loan Terms: $550K DENTAL PRACTICE DEBT CONSOLIDATION, 6.45%, 7-YEAR FIXED TERM

Scenario: General Dentist in Laredo, TX three years into a successful start-up looking to refinance and consolidate his start-up loan and 3 subsequent Patterson equipment loans ($550K).

Conventional Practice Loan Proposal Issued:

Financing structured to consolidated all practice debt

Re-Amortized over 7 years at 6.45% Fixed resulting in a reduced monthly payment and an accellerated paydown of debt.

   

 


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