At 1st Med Financial, we specialize in providing Veterinary Practice Loans and Veterinary Practice Financing solutions. Our Veterinary practice lending team specializes in helping veterinarians acquire, build, equip, expand and refinance their practice debt. We understand how busy the schedule of a successful veterinarian can be. This is why we have developed custom-tailored Veterinary office financing solutions designed to meet your specific needs.
1st Med Financial offers some of the best Veterinary practice loan rates in the industry, we can provide Conventional Veterinary Practice Loans, SBA 7A and 504 loan solutions as well as equipment and working capital programs. Each Veterinary practice loan is structured to meet the needs of your specific practice. When you are ready, we will work with you to understand your goals and design a personalized plan to meet your Veterinary practice financing needs.
|Conventional Practice Loan||5.95% - 6.50%*||10 - 20 Yr. Fixed|
|Conventional Real Estate||5.95% - 6.50%*||20 Yr. Fixed|
|SBA Real Estate||9.25% - 10.75%*||10 - 25 Yr. Fixed|
*Int. rates subject to change & geographical restrictions
Home of The 100% Veterinary Practice Acquisition Loan. 100% Financing programs offer competitive, fixed interest rates an can include up to $200K in working capital. Veterinary Practice Acquisition and Commercial Real Estate combination financing is also available.
Acquiring an existing veterinary practice can be one of the most important decisions of your professional career. Considered less risky than a scratch start-up, a veterinary practice acquisition comes with an existing staff, equipment, patient base and most importantly a history of collections.
We understand the importance of what increased cash flow and working capital can mean to the ultimate success or your veterinary practice. With current interest rates at all time lows, a veterinary practice debt consolidation loan may be just what your practice needs.
As a successful Veterinary practice owner, you are sitting on an untapped resource for growing personal net worth... your built up practice GOODWILL. 1st Med provides very aggressive commercial real estate loan programs specifically for veterinarians, which allow for up to 100% financing.
Every successful veterinary practitioner, at some point in time, will have the need to upgrade or expand their practice. Maybe you have outgrown your current location, need new state of the art equipment or see an opportunity in relocating the practice. 1st Med Financial can help...
Sometimes, a partner buy-in or buy-out is the most advantageous scenario for a veterinary practitioner. Maybe an experienced DVM would like to cash-out some equity in the practice and bring on a new or current associate to share ownership and continue to grow the practice. Or, maybe a partnership has ran it's course...
At 1st Med Financial, we understand that starting a practice from the ground-up can be an intricate and time consuming task. Making your Veterinary practice business plan a reality is a challenge. Our Veterinary practice loan specialists have been there before.
1st Med's Veterinary Practice Financing solutions offers each veterinarian the full scope of lending programs to meet the needs of their practice through its entire lifecycle. Over the years, we have developed a streamlined approval process that offers our clients quick answers and speedy results.
To get started, complete our Practice Loan Quick App Here and one of our experienced loan advisors will contact you immediately to discuss your scenario.
Complete our Practice Loan Quick App and one of our loan advisors will contact you to discuss your financing goals.
Upon receipt & review of our initial checklist, a Loan Proposal with Rate & Term options will be issued.
Choose which options work best for you and move forward to closing! Our entire process typically takes 30 - 45 days.
“ We recently closed a practice acquisition loan and a real estate loan with Mike Furlong and 1st Med Financial. Having shopped the deal with several local banks and other medical lending institutions, we knew that the conditions and circumstances of the deal were far from ideal.
Mike provided the insight and experienced needed to not only obtain financing, but at rates and terms that far surpassed our expectations. Mike was an absolute pleasure to work with and we would highly recommend him to anyone looking for medical financing.”