$675K OPTOMETRY PRACTICE RELOCATION, 99% FINANCING, 6.00% (PRIME + 2.75), 25-YEAR TERM
Scenario:
Successful Husband & Wife Optometrist team with a two existing locations looking to relocate one of them to the main thoroughfare in town and increase exposure.
99% SBA 7(a) Financing ($10K borrower injection) structured to take-out current practice debt ($240K), Purchase Real Estate ($275K), New Bldg. Construction ($535K) and cover loan related closing costs.
