Practice Loan Details


Date: February 24, 2011
Title: $1.63MM Dental Practice Debt Consolidation
Practice Type: Dental Practice
Loan Terms: $1.63MM DENTAL PRACTICE DEBT CONSOLIDATION, 5.25%, 25 YEAR TERM

Scenario: Chicago area dental practice occupying two separate locations (Orland & Chicago) with a combined 5400 sf. w/ 2 associates and 10 employees.

Financing structured to consoidate all real estate & practice debt

Re-amortized over 25 years at 5.25% resulting in a 59% debt service reduction ($6,897).

Closed: 2/24/2011

   

 

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