Practice Loan Details
| Date: |
March 28, 2012 |
| Title: |
$910K Optometry Practice RE Acquisition |
| Practice Type: |
Optometry Practice |
| Loan Terms: |
$910K OPTOMETRY PRACTICE REAL ESTATE ACQUISITION & EXPANSION, 100% FINANCING, 5.75% (PRIME + 2.50), 25-YEAR TERM |
| Scenario: |
A successful Optometrist was approaching the end of her current lease and needed to decide to relocate or resign. She had her eye on an old building in town which has a perfect main street location. Enter 1st Med, we were able to structure the financing for the acquisition, demo & build-out.
100% Financing structured to refinance current practice debt, acquire the building, demo & build-out to suit and include all closing costs & third-party fees.
Closed 03/28/2012 |
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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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