Practice Loan Details
| Date: |
June 30, 2011 |
| Title: |
$301K Veterinary Practice Debt Refinance |
| Practice Type: |
Veterinary Practice |
| Loan Terms: |
$301K VETERINARY PRACTICE DEBT REFINANCE, 6.875%, 5-YEAR FIXED RESETTING/15-YEAR TERM |
| Scenario: |
Successful Emergency Veterinary Practitioner looking to restructure his debt to increase cash flow with a lower rate and longer term.
Conventional Practice Financing structured to refinance debt, loan related soft costs and working capital for growth. New loan was placed on a 15-Yr. Fully Amortized term leading to an extra $1488 p/month.
Closed: 6/30/2011 |
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