Practice Loan Details
| Date: |
May 22, 2012 |
| Title: |
$801K Veterinary Practice Acquisition |
| Practice Type: |
Veterinary Practice |
| Loan Terms: |
$800K VETERINARY PRACTICE ACQUISITION, 6.45% INT. RATE, 10-YEAR FIXED TERM |
| Scenario: |
Current Associate DVM looking to purchase the Veterinary Hospital he has been working at for the last 7-Years. He currently splits production 50/50 with the owner.
The selling DVM is 65 and is looking to stay on for 3 years and take a fixed salary of $150K. Production will still be split 50/50.
100% Conventional Practice Financing Structured with $75K in working capital for marketing & future growth.
Loan Proposal Issued 5/22/2012 |
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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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