Practice Loan Details


Date: February 19, 2013
Title: $450K Optometry Practice Acquisition
Practice Type: Optometry Practice
Loan Terms: $450K OPTOMETRY PRACTICE ACQUISITION, 5.95%, 10-YEAR FIXED TERM

Scenario: An Associate Optometrist was looking to purchase the practice she was currently working 4 days per week at. After receiving sub par financing from her local banks, she approached 1st Med for help.

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

Closed 2/19/2013

   

 

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