Practice Loan Details


Date: October 23, 2011
Title: $675K Pharmacy 2nd Location Expansion
Practice Type: Pharmacy Practice
Loan Terms: $675K PHARMACY 2ND LOCATION EXPANSION, 100% FINANCING, 5.25% (PRIME + 2), 10-YEAR TERM

Scenario: Successful Pharmacy practitioner with a proven existing location looking to expand into a great retail location in a nearby city.

100% SBA 7(a) Financing structured to take-out current pharmacy debt and allow for Tenant Improvements ($100K), Inventory ($150K) and Working Capital ($250K).

Closed 10/23/2011

   

 


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