Practice Loan Details
| Date: |
January 05, 2015 |
| Title: |
$550K Oral Surgery 2nd Practice Acquisition |
| Practice Type: |
Dental Practice |
| Loan Terms: |
$550K ORAL SURGERY SECOND PRACTICE ACQUISITION, 5.68%, 10 YEAR TERM - FIXED RATE |
| Scenario: |
An experienced oral surgeon who owned a practice in Wisconsin was looking to purchase a second practice about 2-3 hours driving distance from his current location.
The doctor came to 1st Med Financial for help. The plan was to split his time at both practices. He would have an associate work a couple days at his current practice. Mean while, the selling doctor would work as an associate at the second practice for a contracted period of time.
100% Conventional Practice Acquisition Financing structured to cover the practice assets & goodwill.
Closed: 01/15/2015 |
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1st Med Advantages
 48 Hour Pre-Approvals |
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| Direct Industry Knowledge |
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| Streamlined Closing Process |
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| No Up-Front or APP Fees Ever! |
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