Practice Loan Details
| Date: |
January 27, 2011 |
| Title: |
$3MM Dental Practice Debt Consolidation |
| Practice Type: |
Dental Practice |
| Loan Terms: |
$3.05MM DENTAL PRACTICE DEBT & REAL ESTATE DEBT CONSOLIDATION, 5.25%, 25-YEAR TERM |
| Scenario: |
Successful Dental Practitice doing ~2 Mil in collectoins looking to consolidate Practice & Real Estate Debt.
125% LTV Financing structured to consolidate all practice & real estate debt with an SBA 7(a) Loan.
Re-amortized over 25 years at 5.25% resulting in a 15% debt service reduction
Closed: 1/27/2011 |
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