I was in a position in my practice where I needed to consolidate my debt in order to free up some cash flow. From the first time I contacted David at 1st Med Financial he was very knowledgeable and upfront about my situation and he had a great personality and demeanor about him.
After applying for the loan David went above and beyond to keep in contact and help progress the process. He was instrumental in talking back and forth with the bank to negotiate certain requirements for me which made things much less stressful.
David was available at what seemed to be all hours of the day, every day (I received a few calls from him in the evenings, on Saturday and even emails on Sunday), which was comforting knowing that he was focusing on my process when I'm positive no other bank or company would be. At the end of the day I would highly recommend David Goldstein and if I was ever in need again, he would be my first call!
1st Med Financial has been instrumental in my business not once, but twice.
They first helped me acquire my initial loan to buy my practice. After 4 years we are growing so much we need to expand to a larger location and he was able to get me a loan to build out the new location as well as refinance my current practice debt to be able to make it all happen.
David was the first person I called when we decided we needed to move and he worked tirelessly to make it happen for us. I would HIGHLY recommend him to anyone needing financing for their medical practice.
Hacken Orthodontics, PC
1st Med Financial did an excellent job of helping me secure financing for my first orthodontic practice purchase. With my high debt load from dental school and orthodontic residency I was skeptical that it would be possible for me to get approved.
After first looking to get an SBA loan he was able to get me approved with a conventional lender at a much better interest rate and loan terms.
If you are looking for a lender who communicates well during the whole process, then you have found the right place. I am extremely happy with the results of his hard work and I highly recommend him and his team for practice financing!
I'm extremely pleased with my experience working with 1st Med Financial to get funding for my newest dental practice. The practice was a diamond in the rough so traditional bank financing wasn't a slam dunk... or anywhere close.
After exhausting multiple avenues and trying to convince bankers to buy into my vision and to see the true potential of this practice, I just about threw in the towel. On what was literally my final attempt I worked with David to secure the financing. He's so knowledgeable and has great insight, but even more importantly he used his creativity and was relentless in putting together a deal that worked.
To say I'm impressed by him is a true understatement. He's incredible to work with and is committed to making it happen. To anyone who may be on the fence wondering if they should try out 1st Med Financial... just do it! You'll be happy you did!
I'd be happy to talk with anyone wondering if they should utilize the services of 1st Med Financial.
No words can describe my gratitude to all of your hard work, your dedication to high standards of professionalism and going above and beyond in you client satisfaction.
I wish you a career full of success and a life full of joy and happiness,
Dr. Alan Baldawi
Alaska Dentistry for Kids
Dear 1st Med Team,
First, let me take a minute to say THANK YOU!! The time and effort you and your team took to get me the financing I needed for my buy-out, acquisition and consolidation was, to say the least, beyond awesome. I was treated by everyone as if we were long lost best friends.
Through the entire process, it felt as though getting this done was a personal task....not a job. Embarrassingly enough, I had come to you once, but decided to go to my bank "because they knew me". They were terrible, to put nicely. When I finally reached out to you for help, you acted as though it was the first time we had talked....no hard feelings or I told you so's.
From that call forward, you fought for me and got it done. Bottom line, I'm where I am today with my practice because of you. With that, ANYONE who needs a personal reference, please feel free to give them my # or email. I will GLADLY answer any questions they may have.
with more business endeavors coming,
David has done a great job in helping us purchase a practice!
He was there every step of the way and answered all of our questions promptly. We highly recommend David and his team.
If you need help with buying a medical or dental practice, he can make it happen.
Thank you again!
I want to thank you for sticking with it and smoothing out the road to get the loan for my new practice loacation!
I'm very appreciative of everything you did, and I am very happy that I went with you versus your competition. I would gladly give you a positive recommendation to anyone who asks.
Thanks again for everything, and I wish you well in everything you do.
My experience with 1st Med Financial was second to none. From the initial phone call to the final closing they were available to address any issues or concerns.
I worked with Mike Furlong to refinance existing debt over a longer period freeing up considerable cash flow to enable our pharmacy practice to grow. Having never met him face to face, he was always a phone call away and promptly in replied within minutes.!
Mike illustrated options for us that no traditional commercial bank was able to offer. The bank we finally worked with was exceptional as well and the entire process was smooth and transparent where every aspect of the transaction was explained each step of the way.
We will definitely be looking to work with Mike again as we continue to grow and I highly recommend 1st Med Financial to anyone needing financing or refinancing for any pharmacy financing needs. Thanks again Mike for all your hard work in getting our deal done!
Hoffman Smiles LTD.
Edison Park Smiles LTD.
David and the team at 1st Med are truly fantastic!
They are passionate and dedicated to helping you find the right solution to your business needs.
I've recommended several of my colleagues to David because I trust that he will take great care of them.
I can't say enough about David and 1st Med Financial. He was willing to take on my deal when other banks turned me away because my acquisition didn't fit their tight guidelines.
He was able to get my deal done and was such a professional during the entire process. He was always available to take my calls and and answer any questions or concerns that I had.
Thank you so much, David! Great experience!
I could not have been more pleased with the excellent work of David Goldstein at 1st Med Financial. He exhibited nothing less than a perfect balance of true professionalism and gentle persistence in getting the job done in an expeditious time frame.
The services provided by David were paramount in orchestrating all the moving parts and parties involved with the sale of my practice. Thanks to David, the transition of ownership was smooth flowing as 1st Med was there to select the right lenders to provide optimal terms for the buyers at a market price that has made a tremendous difference in my professional life.
On a more genuine personal level, 1st Med Financial and more particularly David Goldstein has changed my family's life for the better and I can not thank him enough for that.
For anyone who would be interested in transitioning into or out of their profession, I would very highly recommend you use the services of 1st Med Financial and especially David Goldstein.
I worked with Mike Furlong and David Goldstein to refinance debt incurred when I built a new dental office in 2009. They were both easy to talk to, always available and prompt in replies.
In today's climate, the amount of paperwork required for these types of loans is tremendous, and they both did everything they could to minimize the time and stress for me during the process.
They have access to lenders and lending options far superior to conventional bankers; I only wish I had worked with them when my building was first constructed. I highly recommend 1st Med Financial to anyone needing financing or refinancing for dental or medical needs.
Working with David while purchasing an optometry practice, with a vision therapy focus, has been a great and very easy experience. He clearly outlined everything needed, how to get it done, and answered all questions throughout the process. His focus never wavered from helping us close on time in a straightforward and understandable way.
After having spoken with multiple other lenders, David did a wonderful job finding the right loan and lender for our experience and practice requirements. The hope is to expand in the future and we’ll have no hesitation calling David to help us through the financing process again.
Words cannot express how grateful I am for all the help and support from 1st Med Financial specially from David Goldstein. I must say without him we could not have acquired our Podiatry Office and the purchase of the property.
My wife and I decided to do some research online and ran across 1st Med Financial and could not be any happier. Although there were some bumps along the road, David was always there to help and get things done. David was always available and responded immediately.
I cannot belief how personable and professional David was; other institutions should emulate 1st Med Financial. We will like to thank you for all you have done and for allowing of us to fulfill our dream of acquiring the practice and property. We could not have done it without David’s help and for that we are very thankful.
On behalf of At Your Feet Podiatry LLC and Behique Properties LLC many Blessings and thank you for all you have done.
David from 1st Med Financial was the man behind the fast and reliable service we got. David facilitated the loan approval and processing from day one until closing.
David was always avaliable over the phone 24/7 to help solving any issue we faced or we might face during our deal. We really appreciate his hard work and continued follow up.
We are strongly recommending David and 1st Med Financial for any financial help with either a new or existing pharmacy business!
I just purchased a great optometry practice with the help of David Goldstein and 1st Med Financial.
David is extremely knowledgeable and helped me through the process every step of the way.
I highly recommend David Goldstein and 1st Med Financial to anyone looking to purchase a practice.
We have had a very positive experience with 1st Med Financial.
David Goldstein provided exceptional customer service; answering questions, offering helpful advice and responding to our emails and phone calls very promptly.
He is an outstanding resource for business loans! He definitely makes the entire process much easier and less stressful.
1st Med Financial and David have our highest recommendation.
1st Med Financial Gang,
I was very thankful for David Goldstein and Mike Furlong throughout this process. They were both very accessible and very helpful !
Their number one priority was to get my deal done as quickly and as seamlessly as possible and they delivered!
This letter is sent to you in appreciation for the successful purchase of three Dental practices.
David Goldstein (1st Med. Financial) presented himself in a professional calm manner, most knowledgeable and considerate of my needs. You were most helpful in explaining the processes and was able to obtain financing with what I consider excellent terms in a very timely manner.!
Thank you for your hard work, dedication and guidance through the negotiations. Sincerely I wish you all the success in the future.
I am pleased to recommend David and 1st Med.Financial without hesitation. I look forward to our next interaction."
When I starting the process of buying a practice, I had spoken to many different lenders. David Goldstein at 1st Med Financial was extremely helpful and was the only one able to get me 100% financing plus working capital.
I knew I made the right choice with David when the deal fell through with seller. He stuck with me and was a available for any questions while I spent several months working to find a new practice.
He not only helped me financially, but was there for support and as an advisor when I was looking at all the numbers. He kept in constant contact all the way through the closing process.
I would recommend him to anyone who is going through the stressful process of purchasing a practice!
My name is Gary A. Simms and I currently own a dental office in the state of Georgia. In my 21 years of practicing dentistry I have owned 3 successful dental offices.
I recently refinanced my primary practice with 1st Med Financial and David Goldstein helped me with the refinancing process. From day 1, he was very straight forward with the documents needed and the amount of time it would take to refinance the practice. The speed and accuracy in which the loan was presented was the best I had ever experienced!
I would strongly recommend anyone in the medical field that is looking to refinance, to consult with David Goldstein to help with the process.
I want to thank Mr. Goldstein and 1st Med Financial for their incredible and impeccable customer service.
Since day one, Mr. Goldstein was working on my dental practice acquisition loan. He was unrelenting in his search for the funding I needed and would call or email me to keep me informed of the status of my loan.!
If there is one thing that I observed it is this...He cares about his customers and their needs. I was able to get the funding to acquire the practice and am very grateful for his help.
I applied twice to a major bank, and an eye professional credit union. I was about to apply to another major bank for an SBA loan when I decided to look for a more creative solution to my practice acquisition/finance needs.
I came upon 1st med financial and spoke frankly and concisely to David about what I had been through for the year. He listened carefully, helped make my case. !
1st med financial saw the big picture in our practice transfer situation and has been integral in realizing my dream as a practice owner. With guidance from David, we got a conventional loan without going to SBA!
Thank you David, with deep gratitude...
I applied for a loan through 1st Med Financial to purchase an existing oral surgery practice. Throughout my entire application, David Goldstein and the entire staff at 1st Med Financial directed me through the process and made the entire endeavor smooth and manageable.
Their helpfulness allowed me to close in less than a month which would not have been possible at any other bank. I will be referring all my oral surgery colleagues to 1st Med Financial for their financing needs. They are the best team i have ever dealt with!
Hi David, I appreciate all the help you've given over the last several months.
1st Med Financial helped to make my dream of starting my own small animal/exotics veterinary practice a reality. Your advice throughout the process was invaluable.
Throughout zoning, ordering supplies, and other small details, you assured the process was smooth from start to finish!
I want to Thank you for all your help with my office refinance. The team at First Med Financial made the process quick and straight forward right from our initial conversation.
I would highly recommend your company to anyone needing this service , thanks again and I look forward to working with you in the future.
Mike Furlong went above and beyond and was able to secure us a package even better than my initial request with him. He dug through the data and was able to come up with terms very favorable to my situation.
He also has contacts at some of the off-the-radar lending institutions which allowed him to match up the request with the right institution. I was skeptical because most of the professional practice financial agents I have talked to in the past have been sleazy switch-and-bait guys.
1st Med has great standing with the Better Business Bureau - I checked at www.bbb.org and they really delivered.
Would recommend to others!"
Mike was so much more than patient and professional through the entire application, approval, and funding process. When I felt overwhelmed, he helped me work through the process to get the ideal result, owning my own optometry practice, which has been a lifelong dream!
I cannot express my gratitude enough for having someone as an advocate during this journey!
Thanks so much Mike!!"
Mike and David,
I would like to take this opportunity to thank you for all of your hard work with regards to my recent practice purchase. Your professionalism was unsurpassed. Thank you for being patient with me during the whole process.
I will definitely recommend you guys to my dentist friends that may be looking to purchase a practice.
Thanks again for all your hard work and dedication during all three of the loan transactions you put together for us. We have always been impressed with how you took the time to understand our needs and worked tirelessly to find a solution that worked. Some of the lenders or brokers we contacted didn't get the whole picture and some didn't even return our call!.
With your help, we were able to purchase the real estate, refinance our existing loan, and get funding for construction and expansion of the office. In addition, our accountant commented to us about how knowledgeable and professional you were and was very pleased to work with you
You were always available to help us through the process and work through the details. You returned every call or email we sent you and were always pleasant and helpful. We truly appreciate your commitment to getting it done and providing solutions. Should the need arise, we would not hesitate to work with you for second. Please keep in touch and we look forward to seeing you at our open house when the expansion is done.
We are very grateful for 1st Med Financial. We are sure it was God who sent them our way. A year ago with my husband, we went through the painful process of applying through several banks directly to purchase a practice of similar value and similar sales. If we only knew about 1st Med then, we could have avoided this painful experience. At that time were denied 4 times... If you think you can save a couple of bucks, let me tell you... We got a great rate, we got 100% financing and some working capital... What else would you need?
Also... They will guide you through the application process. After our previous year experience, it all seemed so easy this time.
They worked very efficiently, and got us the loan we needed in order to achieve the dream of having our own practice.
Once again, THANKS guys! Michael, David... You guys are AWESOME... You have no idea how grateful we are. We really wish you the best... You are impacting people lives!
Thank you and 100 times Thank you!
It was a pleasure working with you and everyone at 1st Med Financial during this process. I would strongly recommend someone taking on a business venture for the first time to utilize the expertise and know-how you & your team have to offer. From tweaking my business plan to helping me with financial projections, you have certainly been there to aid me on the way to securing my business loan and ultimately seeing my dream of opening my own pharmacy come to fruition.
You and David Goldstein were always there when I had questions or was uncertain about which way to proceed and it really made a huge difference in this endeavor.
Thanks again for all of your support & expertise! Your assistance and persistence will not be soon forgotten! Thanks so much!"
I am Jamal Jones, C.E.O. of Dr. Jo'Ann Todd and Associates O.D., P.L.L.C. Traditional banks would not lend to us to purchase our business without 25% down. As a licensed Optometry Doctor for less than 5 years, we didn't have that kind of money lying around. I did an internet search for optometry lending and up popped 1st Medical Financial!
They approved us within a few days for 100% financing plus working capital! Mike Furlong and his team worked hard to help us achieve our dream!
Thanks to 1st Med Financial!
We are grateful!
I strongly recommend MIke Furlong @ 1st Med Financial for financing of any kind and refinancing of debt in particular. He was very easy to work with, always accessible and responded immediately to all of my concerns.
Mike was relentless in trying to meet all of my financial needs. I feel like I made a new friend. It was a pleasure to work with him."
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."
We knew that obtaining a loan to refinance our practice, purchase a building, and obtain a construction loan to remodel it would be difficult. Our local banks wouldn't work with us.
Mike Furlong and 1st Med Financial helped us reach our goal. Throughout the process Mike responded quickly to our questions and worked hard as an advocate on our behalf with the bank. While the process was long, and there were issues to overcome along the way, Mike got it done.
It was great to know that he was only a phone call away. We're looking forward to moving into our new location soon and enjoying it for years to come."
Having been down the practice loan rodeo over the years more than a few times, I can wholeheartedly endorse Mike Furlong through 1stMedFinancial. He was always quick to respond, helpful, and professional and had the answers I needed quickly.
He will be the first and last I will contact the next time I need a dental practice loan. From start to finish it was also the shortest transaction of this type I've had.
Thank you so much for taking the burden of handling the financing of my new practice. I talked with other banks that were "not sure" if they could handle the loan much less complete all of the paperwork so it was wonderful to have you and the staff at 1st Med Financial help get this purchase completed.
I will be eternally grateful and hope if you are ever in need of my services you will give me a call. Thank you again."
I wanted to take this opportunity to thank you for all of your help in coordinating the financing for the sale of my Optometry practice.
With my busy schedule, you made it easy to get you the necessary data to complete this business transaction in a short period of time. I appreciate your service and professionalism."
I recently closed a loan with Mike Furlong and 1st Med Financial. Mike displayed exceptional ability to listen to the needs of my practice. He was a valuable resource. Our closing was a smooth and pleasant transaction. He was always approachable and timely. We can't thank him enough for providing he right financing for our situation.
I would recommend 1st Med Financial without reservation."
Working with Mr. Furlong was a pleasure. From our first conversation, he instilled a sense of trust that he held to through the entire process. Michael assessed our needs accurately and helped guide us to the correct type of loan. His guidance was spot on.
As is sometimes the case, there was a glitch as we neared closing, that was in the hands of a 3rd party...but instead of waiting around, Michael looked at every angle and helped navigate us through the process until we secured the closing.
As a business owner, I get calls every day from people who have the next greatest thing to help my business...I never trust those calls. The call from Michael was different...it was professional, believable and most importantly actually spoke to the needs of our business. Thank you Mike for your help during these weeks.
As a side note, every claim made by Mike about funding, rates, and the fact that there would be no out of pocket was delivered on."
I can not say enough about Mike Furlong and 1st Med Financial. My wife Kim and I became interested in purchasing our own hospital but had no idea where to begin. From the first time I spoke with Mike I felt we were in competent and knowledgeable hands. Mike took the confusing, labor intensive and often frustrating steps associated with obtaining a loan and acquiring a practice and made them easy, understandable and hassle free.
Mike worked diligently throughout the entire process to make sure all of the proper steps were taken in the process of applying for and obtaining our loan. In the end, we were able to secure the loan and acquire the practice.
Thanks Mike for making the process of chasing down our dream not only doable, but overall painless. I would recommend Mike Furlong and 1st Med Financial to anyone and would not hesitate to use their services in the future."
Thanks for all your help and support. I am looking forward to do more business with you in the future."
We just wanted to take the time to say a big “thank you” to Mike Furlong at 1st Med Financial. He helped us secure a $350,000 SBA loan on a start up pharmacy when other institutions wouldn't’t consider lending to a start up business.
We were beginning to think that getting a business loan was impossible, even with excellent credit. We were on the verge of giving up on our dream when we came across Mike’s company. Within two weeks, Mike had found a financing option for us that far exceeding our expectations.
There is no way that we could have secured a loan without Mike and 1st Med Financial. Mike is dedicated, thorough, and returns phone calls promptly. Throughout the lending process, he consistently called to update us on the status of our loan. He truly stands out in the lending world. We highly recommend Mike and 1st Med Financial.
Thank you for caring so much about the success of our business."
As far as I'm concerned, 1st Med Financial's Mike Furlong accomplished the impossible for our dental practice. He took a client saddled with poor credit and managed to secure a practice transforming SBA loan for $270,000.
There's no stronger, more loyal, or more determined an advocate than Mike. I would have never rehabilitated my credit and navigated the detailed SBA requirements without Mike's excellent leadership.
Mike made himself available, took the time to listen, and proved to be an All-World closer.
After experiencing the level of service Mike offers, I've had to reassess my understanding of the word "excellence."
Mike's the best and he has my highest recommendation."
Please provide this account of our very positive experience dealing with 1st Med Financial to any of your potential clients. We really couldn't be more pleased with the care and service you provided us from our first contact through the close of our practice expansion loan. Moreover, any potential client whom you feel might be beneficially encouraged by speaking with me directly, is welcome to contact me by telephone or email.
Throughout the process, there was never a call or email that went unanswered, and in many cases our answers and needed correspondence occurred outside of what would have been for anyone else, "normal business hours".
I'm sure that the lending environment for small business has improved, but I'm likewise comfortable that without Michael Furlong's assistance and shepherding the process, we would have given up on our expansion plans. We can't thank Michael and the 1st Med Team enough for their efforts on our behalf, or recommend his services highly enough."
On Feb. 24th, 2011 my loan was closed for $1,630,000 within two months from starting the whole process. I have been in Dental Practice for over 31 years and have dealt with many banks, financial institution, dental supply house financing and many other leasing companies. My experience dealing with Mike was extremely pleasant, professional and wonderful. Whole process of this loan consolidation was a breeze considering the large amount and today’s tough economy.
To top this all he never requested any up front fees or application deposit or any written commitment from me. 1st Med Financial has changed my feeling and experience about loan process.
I would highly recommend Mike Furlong and 1st Med Financial to anyone without any hesitation. He is a superb, trustworthy and very reliable person. He is number one in my book. If you are looking for financing your practice and serious about it, contact 1st Med or Michael Furlong and you will NOT REGRET it. Thank You Mike for all you have done and your services are highly appreciated."
Ever since the financial crash, banks have been much more difficult to work with. If it wasn't for Mike at 1st Med Financial constantly pushing, I don't think the deal would ever have gone through. It was always easy to get in touch with him, by phone or email, and in the end I was able to consolidate three loans into one with a great rate. I recommend anyone looking for a loan or a refinance to Mike and 1st Med without reservation."
The road to secure an $850,000 loan was difficult for me to do on my own. I tried working with three different well known banks. Even with an excellent credit report the process was frustrating and time consuming. In the end I was offered a loan that was adequate at best. I was told about Mike Furlong at 1st Med Financial who took some basic information from me and quickly accessed my situation. Within a week I had a far better financing option available to me. Mike made the process so easy for me and delivered quick, superior results. Now as I sit in my beautiful veterinary hospital I can reflect on the long road I took to accomplish this goal and I know that Mike was a major piece of this puzzle.
If you are looking at financing for a practice purchase I believe Mike Furlong and 1st Med Financial can help you succeed. Simply stated, his opinion and information helped me save money. I will always be grateful."
Michael Furlong, has been very helpful in making my dream possible to own a practice. He listened to me in what I wanted to accomplish with buying a practice and my goals in how I wanted to do that. As he was able to find me multiple different options for loans that would meet my needs and wants. He was available for any questions or concerns that I may have had and was a go between with me and the bank.
He was able to take alot of stress off of my back as I started the process of buying the practice that I had worked at for the last 6 1/2 years at the end of November and was able to close before the end of the year, as well as being 6 months pregnant. He helped move things through with the bank and lawyers to make as smooth as a transition as possible.
Very much appreciated all his time in making a normally stressful situation a breeze. "
My name is Josh Smith, and I am a General Dentist practicing in Salt Lake City, Utah. I met Mike through a direct mailer. He sent me an application, within a few weeks, I was approved to purchase a practice for $660,000.00. As Mike would talk back and forth with underwriting,, he would call and update me on what was going on or what the bank needed. Based on both of our schedules. There were a number of times that we spoke at night at 8:00 Utah time, 10:00 Florida time.
I haven't met someone who has been so willing to help get a loan funded. If there are any questions I can help answer, please call. Mike has my information. My website is www.smartdentalcare.net."
I recently purchased an existing commercial building for my dental practice. I had been looking for a building or land for a couple of years, but had never found what I needed. When this property became available, I wanted to jump on it. Unfortunately, the bank who owned the building wanted everything done and closed in a very short time frame. I was put in touch with Mike at 1st Med Financial and the deal took off from there. He was very helpful in accomplishing the dozens of items that came up throughout the process. He was always willing to take care of things. Whenever I was unable to get something done, Mike would step in and make it happen.
I would wholeheartedly endorse Mike Furlong and 1st Med Financial."
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.
“First, let me take a minute to say Thank You! The time and effort you and your team took to get me the financing I needed for my buy-out, acquisition and consolidation was, to say the least, beyond awesome. I was treated by everyone as if we were long lost best friends.
Through the entire process, it felt as though getting this done was a personal task....not a job. Embarrassingly enough, I had come to you once, but decided to go to my bank "because they knew me". They were terrible, to put it nicely.
Bottom line, I'm where I am today with my practice because of you.”