Practice Loan Details
| Date: |
May 15, 2017 |
| Title: |
$500K Pharmacy Practice Start-Up |
| Practice Type: |
Pharmacy Practice |
| Loan Terms: |
$500K PHARMACY PRACTICE START-UP, 6.75% (PRIME + 2.75), 10-YEAR TERM |
| Scenario: |
A Pharmacist with 20 years of experience wanted to go out on his own and start up an independent Pharmacy. Having trouble securing the necessary financing, the Pharmacist contacted 1st Med Financial.
We saw the value in the PharmD's experience and in the under serviced community he was looking to start-up in.
1st Med was able to secure the financing he needed to start-up his practice.
SBA 7(a) Pharmacy Loan Financing structured to build-out, stock inventory, include necessary working capital and cover loan related soft costs.
Closed: 05/15/2017 |
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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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