Practice Loan Details


Date: July 10, 2013
Title: $750K Dental Practice Acquisition
Practice Type: Dental Practice
Loan Terms: $750K DENTAL PRACTICE ACQUISITION, 5.43%, 10-YEAR TERM - FIXED RATE FOR 5 - YEAR TERM; ADJUSTS EVERY 5 YEARS

Scenario: An experienced dentist was looking to purchase a pediatric practice approximately 200 miles from his current home. After receiving sub par financing offers from major banks, he came to 1st Med for help.

100% Conventional Practice Acquisition Financing structured to cover the practice assets, goodwill, & working capital needs.

Closed: 07/10/2013

   

 


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