April 05, 2013

Veterinary Practice

An experienced Florida Veterinarian looking to purchase a practice from a retiring Vet approached 1st Med for help.

She approached multiple lending sources locally, but was having issues receiving financing due to the downward trends of the practice.

We saw the value in her experience and were able to move quickly.

100% Conventional Practice Acquisition Financing Structured with working capital included for marketing & future growth.

Closed 4/05/2013

$200K VETERINARY PRACTICE ACQUISITION, 6.68% INT. RATE, 10-YEAR FIXED TERM