Practice Loan Details


Date: June 30, 2013
Title: $1.30MM Optometry Practice & RE Debt Consolidation
Practice Type: Optometry Practice
Loan Terms: $1.30MM OPTOMETRY PRACTICE DEBT CONSOLIDATION, 5.00% (Prime + 1.75), 25-YEAR TERM

Scenario: A successful Ohio Optometrist with multiple locations was looking to refinance his commercial real estate debt at one of his locations, consolidate and reduce the interest rates on his practice debt and take out additional working capital for new equipment & improvements.

100% SBA 7(a) Practice Financing Structured to provide for the refinance of his building, practice debt, improvements and equipment and working capital needs.

Closed 06/30/2013

   

 


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