Practice Loan Details


Date: June 23, 2012
Title: $680K Veterinary Practice Start-Up
Practice Type: Veterinary Practice
Loan Terms: $680K VETERINARY PRACTICE START-UP, 6.00% FIXED, 10-YEAR TERM

Scenario: Successful Veterinary Practitioner Husband & Wife Team with 10+ years of experience looking to start-up their own location. Had originally started their project with a large national bank. However, when the contractor estimated came in higher than expected, this bank would not increase the funding amount.

100% SBA 7(a) Financing Structured to take out the current loan and fund the complete project and include $60K in working capital.

Loan Proposal Issued 6/23/2012

   

 


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